CF Acquisition Corp. VIII (NASDAQ:CFFEW – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $0.05 and traded as high as $0.0598. CF Acquisition Corp. VIII shares last traded at $0.0598, with a volume of 3,212 shares trading hands.
CF Acquisition Corp. VIII Stock Up 89.8%
The company’s 50 day simple moving average is $0.04 and its 200-day simple moving average is $0.05.
About CF Acquisition Corp. VIII
CF Acquisition Corp. VIII was a special purpose acquisition company (SPAC) formed by Cantor Fitzgerald to identify and complete a merger, share exchange, asset acquisition, or similar business combination with an operating company. As a SPAC, it did not have significant operating activities, products, or services of its own before completing a transaction.
The company entered into a business combination agreement with XBP Europe Holdings, Inc, an international provider of business-process automation and transaction-processing services.
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