Queen’s Gambit Growth Capital (OTCMKTS:GMBTU – Get Free Report) was down 1.5% during trading on Wednesday . The company traded as low as $9.90 and last traded at $9.90. Approximately 1,600 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 4,280 shares. The stock had previously closed at $10.05.
Queen’s Gambit Growth Capital Stock Performance
The company’s 50-day moving average is $9.90 and its two-hundred day moving average is $9.90.
Queen’s Gambit Growth Capital Company Profile
Queen’s Gambit Growth Capital (OTCMKTS:GMBTU) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more target companies. As a blank check vehicle, it raises capital through an initial public offering and places funds in a trust to pursue mergers, acquisitions or similar transactions that can deliver growth and value to its shareholders.
The company focuses on partnering with businesses operating in sectors such as technology, consumer products, healthcare and business services.
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