Southport Acquisition Co. (NYSE:PORT – Get Free Report)’s share price rose 2.2% during mid-day trading on Monday . The stock traded as high as $11.39 and last traded at $11.39. 718 shares changed hands during mid-day trading, an increase of 112% from the average session volume of 339 shares. The stock had previously closed at $11.14.
Southport Acquisition Trading Down 1.6 %
The business’s fifty day moving average price is $11.17 and its 200 day moving average price is $11.04.
About Southport Acquisition
Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to acquire businesses in the field of financial software with a focus on mortgage and real estate verticals in the United States.
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