Shares of LaFayette Acquisition Corp. Unit (NASDAQ:LAFAU – Get Free Report) fell 0% on Tuesday. The company traded as low as $10.25 and last traded at $10.2450. 1,942 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 8,467 shares. The stock had previously closed at $10.25.
LaFayette Acquisition Corp. Unit Stock Down 0.0%
The company has a 50 day simple moving average of $10.22 and a 200-day simple moving average of $10.16.
About LaFayette Acquisition Corp. Unit
LaFayette Acquisition Corp. is a special purpose acquisition company (SPAC), formed to pursue a merger, business combination, or similar transaction with one or more businesses. Unlike an operating company, LaFayette does not offer products or services of its own. Its principal activity is identifying and evaluating potential acquisition targets and, if a suitable opportunity is found, negotiating and completing a business combination. LaFayette Acquisition Corp. Units are securities issued by the company in connection with its public offering.
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