Executive Network Partnering Co. (NYSE:ENPC – Get Free Report) traded up 1.6% on Monday. The company traded as high as $4.53 and last traded at $4.47. 1,224,840 shares were traded during trading, an increase of 398% from the average session volume of 245,839 shares. The stock had previously closed at $4.40.
Executive Network Partnering Stock Up 2.2%
The firm has a 50 day moving average price of $4.88 and a two-hundred day moving average price of $5.04.
About Executive Network Partnering
Executive Network Partnering Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with an operating business. Unlike a traditional operating company, it did not offer its own products or services during its period as a public entity.
Executive Network Partnering announced an agreement to combine with Enfusion, Inc, a provider of cloud-based software and services for investment managers, asset managers, hedge funds and other financial institutions. Enfusion’s platform supports functions such as portfolio management, accounting, trade execution, compliance and reporting.
The transaction was completed in 2021, after which Enfusion became the operating public company and Executive Network Partnering ceased to operate as a standalone SPAC.
Further Reading
- Five stocks we like better than Executive Network Partnering
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
- Morgan Stanley Is Bullish on Apple—But With a Catch
Receive News & Ratings for Executive Network Partnering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Executive Network Partnering and related companies with MarketBeat.com's FREE daily email newsletter.
