Shares of International Media Acquisition Corp. (OTCMKTS:IMAQ – Get Free Report) dropped 3.8% during trading on Friday . The stock traded as low as $9.25 and last traded at $9.25. Approximately 811 shares were traded during trading, an increase of 133% from the average daily volume of 348 shares. The stock had previously closed at $9.62.
International Media Acquisition Price Performance
The stock’s 50 day moving average is $9.72 and its 200 day moving average is $10.13.
International Media Acquisition Company Profile
International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp. was incorporated in 2021 and is based in North Brunswick, New Jersey.
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