CHECU (NASDAQ:CHECU – Get Free Report)’s share price dropped 2% on Thursday. The stock traded as low as $10.28 and last traded at $10.28. 800 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 2,404 shares. The stock had previously closed at $10.49.
CHECU Stock Performance
The business has a 50 day simple moving average of $10.26 and a 200 day simple moving average of $10.22.
About CHECU
We are a blank check company newly incorporated as a Cayman corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target.
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