JOFF Fintech Acquisition Corp. (OTCMKTS:JOFFU – Get Free Report) shares were up 0.1% during mid-day trading on Friday. The company traded as high as $10.07 and last traded at $10.06. 17,100 shares traded hands during trading, an increase of 74% from the average daily volume of 9,815 shares. The stock had previously closed at $10.05.
JOFF Fintech Acquisition Stock Performance
The firm has a 50 day moving average price of $10.06 and a 200 day moving average price of $10.06.
JOFF Fintech Acquisition Company Profile
JOFF Fintech Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company operating in the financial technology sector. Unlike an operating fintech business, the company was established primarily as an acquisition vehicle and does not appear to offer financial products or technology services directly.
The company’s stated focus has included potential merger or acquisition opportunities involving fintech, financial services, payments, lending, banking technology and related businesses.
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