CC Neuberger Principal Holdings II (NYSE:PRPB – Get Free Report)’s share price traded down 1% during mid-day trading on Wednesday . The stock traded as low as $0.39 and last traded at $0.4084. Approximately 3,175,433 shares changed hands during trading, an increase of 552% from the average session volume of 487,352 shares. The stock had previously closed at $0.4124.
CC Neuberger Principal Holdings II Stock Performance
The business’s 50 day moving average is $0.78 and its 200 day moving average is $0.88.
About CC Neuberger Principal Holdings II
CC Neuberger Principal Holdings II (NYSE: PRPB) is a special purpose acquisition company (SPAC) formed to effectuate a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company held its initial public offering in September 2020 and has not yet consummated a business combination. PRPB’s shares and warrants are traded on the New York Stock Exchange, and its proceeds are held in a trust account pending identification of a suitable target.
Sponsors of CC Neuberger Principal Holdings II include CC Capital Partners, Neuberger Berman and Principal Financial Group.
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