CIIG Merger (OTCMKTS:CIICU) Shares Down 5.1% – Time to Sell?

CIIG Merger Corp. (OTCMKTS:CIICUGet Free Report)’s share price was down 5.1% during mid-day trading on Tuesday . The stock traded as low as $26.00 and last traded at $27.99. Approximately 5,100 shares changed hands during trading, a decline of 40% from the average daily volume of 8,511 shares. The stock had previously closed at $29.49.

CIIG Merger Trading Down 5.1 %

The company’s fifty day simple moving average is $27.99 and its 200-day simple moving average is $27.99.

CIIG Merger Company Profile

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CIIG Merger Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2019 and is based in New York, New York.

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