ArcLight Clean Transition Corp. (OTCMKTS:ACTCU – Get Free Report) shares dropped 5.5% during mid-day trading on Thursday . The company traded as low as $21.20 and last traded at $21.20. 3,100 shares were traded during trading, a decline of 97% from the average session volume of 88,985 shares. The stock had previously closed at $22.44.
ArcLight Clean Transition Stock Down 5.5%
The firm’s 50 day moving average price is $21.20 and its two-hundred day moving average price is $21.20.
ArcLight Clean Transition Company Profile
ArcLight Clean Transition Inc is a special purpose acquisition company formed in June 2021 for the purpose of effecting a business combination with one or more businesses in the energy transition sector. The company’s sponsor, ArcLight Capital Partners, LLC, brings decades of experience in energy and infrastructure investing. ArcLight Clean Transition units trade on the OTC Markets under the ticker ACTCU.
The company’s primary activity is to identify, acquire and operate businesses focused on clean energy and decarbonization.
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