E.Merge Technology Acquisition (OTCMKTS:ETACU) Trading Down 1.5% – Time to Sell?

E.Merge Technology Acquisition Corp. (OTCMKTS:ETACUGet Free Report) dropped 1.5% during mid-day trading on Monday . The company traded as low as $10.08 and last traded at $10.08. Approximately 200 shares changed hands during trading, a decline of 96% from the average daily volume of 4,894 shares. The stock had previously closed at $10.23.

E.Merge Technology Acquisition Stock Performance

The stock’s 50 day moving average price is $10.08 and its 200-day moving average price is $10.08.

About E.Merge Technology Acquisition

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E.Merge Technology Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with other businesses. It intends to focus its search on companies in the software and internet technology industries.

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