HCM Acquisition (NASDAQ:HCMA) Trading Down 3.8% – Here’s What Happened

HCM Acquisition Corp (NASDAQ:HCMAGet Free Report) shares fell 3.8% during mid-day trading on Wednesday . The stock traded as low as $8.98 and last traded at $8.98. 321 shares changed hands during trading, a decline of 100% from the average session volume of 68,548 shares. The stock had previously closed at $9.34.

HCM Acquisition Trading Down 3.1 %

The company’s fifty day moving average price is $10.69 and its 200-day moving average price is $10.25.

About HCM Acquisition

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HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.

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