Shares of Denali Capital Acquisition Corp. (NASDAQ:DECAU – Get Free Report) were up 1.6% on Wednesday . The stock traded as high as $11.79 and last traded at $11.79. Approximately 100 shares traded hands during trading, a decline of 93% from the average daily volume of 1,443 shares. The stock had previously closed at $11.60.
Denali Capital Acquisition Trading Up 1.6 %
The company’s fifty day simple moving average is $11.67 and its two-hundred day simple moving average is $11.33.
Denali Capital Acquisition Company Profile
Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with companies primarily operating in the technology, consumer services, and hospitality sectors.
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