Shares of Altimeter Growth Corp. (OTCMKTS:AGCUU – Get Free Report) were down 12.5% during mid-day trading on Thursday. The company traded as low as $11.87 and last traded at $11.87. Approximately 150,700 shares changed hands during trading, an increase of 51% from the average daily volume of 99,899 shares. The stock had previously closed at $13.56.
Altimeter Growth Stock Performance
The business has a 50 day moving average price of $11.87 and a 200 day moving average price of $11.87.
About Altimeter Growth
Altimeter Growth Corp. was a special purpose acquisition company sponsored by Altimeter Capital Management. The company was formed to identify and complete a business combination with a technology-oriented business, with an emphasis on companies operating in the internet, software, financial technology, and related sectors.
In 2021, Altimeter Growth Corp. completed a business combination with Grab Holdings Inc, a Southeast Asian technology company offering ride-hailing, food delivery, digital payments, and other financial services.
Featured Stories
- Five stocks we like better than Altimeter Growth
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Receive News & Ratings for Altimeter Growth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altimeter Growth and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
