Armada Acquisition Corp. I (NASDAQ:AACIW) Shares Down 8.1%

Armada Acquisition Corp. I (NASDAQ:AACIWGet Free Report)’s share price was down 8.1% during mid-day trading on Tuesday . The company traded as low as $0.14 and last traded at $0.14. Approximately 174,703 shares were traded during trading, an increase of 370% from the average daily volume of 37,132 shares. The stock had previously closed at $0.15.

Armada Acquisition Corp. I Price Performance

The stock’s 50-day moving average price is $0.09 and its 200 day moving average price is $0.06.

Armada Acquisition Corp. I Company Profile

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Armada Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses in the financial technology industry. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania.

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