D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW – Get Free Report) dropped 10.3% during trading on Wednesday . The stock traded as low as $1.25 and last traded at $1.3001. 19,230 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 228,080 shares. The stock had previously closed at $1.45.
D. Boral ARC Acquisition I Stock Performance
The company’s 50 day simple moving average is $1.83.
D. Boral ARC Acquisition I Company Profile
D. Boral ARC Acquisition I (NASDAQ: BCARW) is a special purpose acquisition company (SPAC), commonly called a blank‑check company. Its principal business purpose is to raise capital from public markets and use those funds, typically held in a trust account, to effect a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.
As a SPAC, D. Boral ARC Acquisition I does not operate an active commercial business or offer products or services prior to completing a business combination.
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