International Media Acquisition (NASDAQ:IMAQ) Shares Up 3.2% – Here’s Why

International Media Acquisition Corp. (NASDAQ:IMAQGet Free Report)’s stock price shot up 3.2% during mid-day trading on Tuesday . The company traded as high as $10.89 and last traded at $10.88. 318 shares changed hands during trading, a decline of 40% from the average session volume of 528 shares. The stock had previously closed at $10.54.

International Media Acquisition Trading Up 3.2%

The business has a 50-day moving average of $10.52 and a 200-day moving average of $10.50.

International Media Acquisition Company Profile

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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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