International Media Acquisition (NASDAQ:IMAQU) Stock Price Down 2.3% – Should You Sell?

International Media Acquisition Corp. (NASDAQ:IMAQUGet Free Report)’s share price was down 2.3% during mid-day trading on Friday . The company traded as low as $10.16 and last traded at $10.16. Approximately 125 shares changed hands during trading, a decline of 52% from the average daily volume of 261 shares. The stock had previously closed at $10.40.

International Media Acquisition Trading Down 2.3%

The business has a fifty day simple moving average of $10.28 and a 200-day simple moving average of $10.85.

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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