Andretti Acquisition Corp. II (NASDAQ:POLEU – Get Free Report) shares rose 4.2% on Tuesday. The stock traded as high as $10.79 and last traded at $11.1950. 212 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 632 shares. The stock had previously closed at $10.74.
Andretti Acquisition Corp. II Stock Down 0.2%
The company’s fifty day moving average price is $10.98 and its 200-day moving average price is $11.16.
About Andretti Acquisition Corp. II
Andretti Acquisition Corp. II (NASDAQ: POLEU) is a special purpose acquisition company, or SPAC, formed to identify and complete a business combination with one or more private companies. Potential transactions may include a merger, share exchange, asset acquisition, reorganization or similar corporate combination.
As a SPAC, Andretti Acquisition Corp. II does not have established operating activities, products or services of its own. Its principal activities are evaluating potential target businesses, negotiating a transaction and completing the related financing and regulatory processes.
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