Tekkorp Digital Acquisition (OTCMKTS:TEKKU) Trading Down 0.1% – Time to Sell?

Shares of Tekkorp Digital Acquisition Corp. (OTCMKTS:TEKKU) were down 0.1% during mid-day trading on Wednesday . The company traded as low as $10.02 and last traded at $10.02. Approximately 200 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 14,297 shares. The stock had previously closed at $10.03.

Tekkorp Digital Acquisition Stock Performance

The stock has a 50-day simple moving average of $10.02 and a 200 day simple moving average of $10.02.

Tekkorp Digital Acquisition Company Profile

Tekkorp Digital Acquisition Corp. is a special purpose acquisition company (SPAC) organized under the laws of Delaware in 2021 and trading on the OTC Markets under the symbol TEKKU. The company was formed to raise capital through an initial public offering and combine with one or more businesses in the digital and technology sectors. As a blank-check vehicle, it seeks to leverage public-market access to identify transformative opportunities in high-growth digital markets.

Management has indicated a focus on business-to-business and business-to-consumer digital enterprises, including software-as-a-service, digital media, e-commerce platforms and digital marketing services.