Maxpro Capital Acquisition (NASDAQ:JMAC) Trading Down 2.9% – Time to Sell?

Maxpro Capital Acquisition Corp. (NASDAQ:JMACGet Free Report) shares were down 2.9% during trading on Friday . The company traded as low as $20.3851 and last traded at $20.3851. Approximately 2,108 shares traded hands during trading, a decline of 97% from the average daily volume of 74,040 shares. The stock had previously closed at $21.00.

Maxpro Capital Acquisition Price Performance

The business has a 50-day moving average price of $19.82 and a two-hundred day moving average price of $16.69.

Maxpro Capital Acquisition Company Profile

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Maxpro Capital Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) that completed its initial public offering in 2021. The company has no ongoing business operations of its own; instead, it holds the proceeds from its IPO in a trust account and is focused on identifying and completing a business combination with one or more target companies.

Through its blank check structure, Maxpro Capital Acquisition seeks to partner with businesses in sectors such as technology, healthcare, industrials and business services.

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