Duddell Street Acquisition (OTCMKTS:DSACU) Trading Down 0.7% – Time to Sell?

Shares of Duddell Street Acquisition Corp. (OTCMKTS:DSACUGet Free Report) were down 0.7% on Monday . The stock traded as low as $10.08 and last traded at $10.08. Approximately 332 shares traded hands during trading, a decline of 99% from the average daily volume of 45,162 shares. The stock had previously closed at $10.15.

Duddell Street Acquisition Stock Up 0.5%

The firm has a fifty day moving average of $10.08 and a two-hundred day moving average of $9.54.

About Duddell Street Acquisition

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Duddell Street Acquisition Corp (OTCMKTS: DSACU) is a Cayman Islands–incorporated special purpose acquisition company formed in November 2020. As a blank check vehicle, it raises capital through an initial public offering and holds proceeds in a secure trust account until it completes a qualifying business combination. The company’s units, each comprised of one share of common stock and a fraction of a warrant, trade on the OTC market under the ticker DSACU.

The primary objective of Duddell Street Acquisition is to identify and merge with one or more target businesses, with a particular emphasis on high-growth sectors across Asia.

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