CF Finance Acquisition Corp. III (OTCMKTS:CFACU – Get Free Report)’s stock price traded down 10.4% on Thursday. The stock traded as low as $8.88 and last traded at $8.89. 1,300 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 56,806 shares. The stock had previously closed at $9.92.
CF Finance Acquisition Corp. III Stock Performance
The firm’s 50 day moving average is $8.89 and its 200-day moving average is $8.89.
About CF Finance Acquisition Corp. III
CF Finance Acquisition Corp. III was a special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald. Rather than operating a traditional business, the company was formed to raise capital through an initial public offering and identify a private company for a merger, acquisition or similar business combination.
The company completed its business combination with AEye, Inc, a developer of lidar-based perception systems for autonomous driving and advanced driver-assistance applications.
Further Reading
- Five stocks we like better than CF Finance Acquisition Corp. III
- Everyone in AI Is Quietly Copying Palantir’s Playbook
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
- Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
Receive News & Ratings for CF Finance Acquisition Corp. III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Finance Acquisition Corp. III and related companies with MarketBeat.com's FREE daily email newsletter.
