Shares of Apex Technology Acquisition Co. (OTCMKTS:APXTU – Get Free Report) traded down 0.1% during trading on Tuesday . The stock traded as low as $10.02 and last traded at $10.02. 20,375 shares changed hands during trading, a decline of 85% from the average session volume of 137,281 shares. The stock had previously closed at $10.03.
Apex Technology Acquisition Stock Performance
The stock’s 50 day simple moving average is $10.72 and its two-hundred day simple moving average is $12.59.
About Apex Technology Acquisition
Apex Technology Acquisition (OTCMKTS: APXTU) is a blank check company organized as a special purpose acquisition company (SPAC). Incorporated in Delaware in 2021, the company’s primary objective is to identify, acquire and combine with one or more businesses in the technology sector. Through its public listing of units—each consisting of one share of common stock and a fraction of a warrant—Apex Technology Acquisition provides a platform for private companies to access public capital markets.
The SPAC is sponsored by a management team with experience in technology investment, corporate finance and strategic advisory.
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