Denali Capital Acquisition Corp. (NASDAQ:DECAU – Get Free Report) traded up 1.6% during mid-day trading on Wednesday . The stock traded as high as $11.79 and last traded at $11.79. 100 shares were traded during trading, a decline of 93% from the average session volume of 1,443 shares. The stock had previously closed at $11.60.
Denali Capital Acquisition Stock Performance
The firm’s 50-day simple moving average is $11.66 and its 200 day simple moving average is $11.33.
Denali Capital Acquisition Company Profile
Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with companies primarily operating in the technology, consumer services, and hospitality sectors.
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