AlphaTime Acquisition (NASDAQ:ATMCU) Shares Down 5.7% – Here’s Why

AlphaTime Acquisition Corp (NASDAQ:ATMCUGet Free Report)’s stock price fell 5.7% during trading on Friday . The stock traded as low as $12.00 and last traded at $11.6710. 994 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 5,159 shares. The stock had previously closed at $12.37.

AlphaTime Acquisition Stock Down 5.7%

The stock has a fifty day moving average price of $12.40 and a 200-day moving average price of $12.18.

About AlphaTime Acquisition

(Get Free Report)

AlphaTime Acquisition Corp intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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