DiamondPeak Holdings Corp. (OTCMKTS:DPHCU – Get Free Report)’s stock price fell 13.7% on Thursday . The company traded as low as $19.76 and last traded at $20.45. 65,400 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 49,678 shares. The stock had previously closed at $23.69.
DiamondPeak Trading Down 13.7%
The business’s fifty day moving average is $20.45 and its 200-day moving average is $20.45.
DiamondPeak Company Profile
DiamondPeak Holdings Corp. is a special purpose acquisition company formed to raise capital through an initial public offering and pursue merger, capital stock purchase, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Trading on the OTC Markets under the ticker DPHCU, DiamondPeak offers units comprised of one Class A ordinary share and one-half of a redeemable warrant.
As a blank-check company, DiamondPeak does not maintain traditional business operations.
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