JOFF Fintech Acquisition Corp. (OTCMKTS:JOFFU – Get Free Report) shares were up 0.1% during mid-day trading on Friday. The company traded as high as $10.07 and last traded at $10.06. Approximately 17,100 shares traded hands during mid-day trading, an increase of 74% from the average daily volume of 9,815 shares. The stock had previously closed at $10.05.
JOFF Fintech Acquisition Stock Performance
The company’s 50-day moving average is $10.06 and its 200-day moving average is $10.06.
JOFF Fintech Acquisition Company Profile
JOFF Fintech Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company in the financial technology sector. As a blank-check company, it does not operate a conventional business or offer products and services to customers of its own.
The company’s investment focus is intended to include businesses involved in fintech, financial services, payments, financial infrastructure, and related technologies. Its objective is to use a merger, acquisition, or similar transaction to provide a privately held company with access to the public markets.
JOFF Fintech Acquisition Corp.
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