Denali Capital Acquisition Corp. (NASDAQ:DECA – Get Free Report) shares fell 0.7% on Friday . The stock traded as low as $12.08 and last traded at $12.15. 809 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 18,107 shares. The stock had previously closed at $12.24.
Denali Capital Acquisition Stock Down 0.7 %
The stock has a 50 day moving average of $12.00 and a 200-day moving average of $11.82.
Institutional Trading of Denali Capital Acquisition
An institutional investor recently bought a new position in Denali Capital Acquisition stock. Toronto Dominion Bank bought a new stake in shares of Denali Capital Acquisition Corp. (NASDAQ:DECA – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 80,000 shares of the company’s stock, valued at approximately $947,000.
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 or entities. It intends to complete a business combination with companies primarily operating in the technology, consumer, and hospitality sectors.
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