Swiftmerge Acquisition (NASDAQ:IVCPU) Trading Down 1.8% – Should You Sell?

Swiftmerge Acquisition Corp. (NASDAQ:IVCPUGet Free Report)’s stock price traded down 1.8% during trading on Monday . The company traded as low as $11.10 and last traded at $11.10. 100 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 583 shares. The stock had previously closed at $11.30.

Swiftmerge Acquisition Stock Performance

The business’s 50 day simple moving average is $11.15 and its two-hundred day simple moving average is $11.01.

About Swiftmerge Acquisition

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

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