HCM Acquisition (NASDAQ:HCMA) Trading Up 16.2% – What’s Next?

HCM Acquisition Corp (NASDAQ:HCMAGet Free Report) rose 16.2% during trading on Wednesday . The stock traded as high as $11.60 and last traded at $10.92. Approximately 14,785 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 68,548 shares. The stock had previously closed at $9.40.

HCM Acquisition Stock Performance

The stock has a 50-day moving average price of $9.39 and a two-hundred day moving average price of $9.29.

About HCM Acquisition

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HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.

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