ArcLight Clean Transition Corp. (OTCMKTS:ACTCU – Get Free Report) dropped 5.5% during mid-day trading on Thursday . The company traded as low as $21.20 and last traded at $21.20. Approximately 3,100 shares traded hands during trading, a decline of 97% from the average daily volume of 88,985 shares. The stock had previously closed at $22.44.
ArcLight Clean Transition Stock Down 5.5%
The stock has a 50 day moving average price of $21.20 and a 200 day moving average price of $21.20.
About ArcLight Clean Transition
ArcLight Clean Transition Inc is a special purpose acquisition company formed in June 2021 for the purpose of effecting a business combination with one or more businesses in the energy transition sector. The company’s sponsor, ArcLight Capital Partners, LLC, brings decades of experience in energy and infrastructure investing. ArcLight Clean Transition units trade on the OTC Markets under the ticker ACTCU.
The company’s primary activity is to identify, acquire and operate businesses focused on clean energy and decarbonization.
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