International Media Acquisition (NASDAQ:IMAQ) Trading Down 0.5% – Should You Sell?

International Media Acquisition Corp. (NASDAQ:IMAQGet Free Report)’s share price dropped 0.5% on Tuesday . The stock traded as low as $10.30 and last traded at $10.30. Approximately 225 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 603 shares. The stock had previously closed at $10.35.

International Media Acquisition Trading Down 0.5 %

The company has a 50 day simple moving average of $10.46 and a 200-day simple moving average of $10.86.

About International Media Acquisition

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International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp.

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