Shares of International Media Acquisition Corp. (OTCMKTS:IMAQ – Get Free Report) shot up 4.3% on Thursday . The stock traded as high as $10.35 and last traded at $10.35. 643 shares changed hands during mid-day trading, an increase of 260% from the average daily volume of 179 shares. The stock had previously closed at $9.92.
International Media Acquisition Stock Performance
The company’s fifty day moving average is $10.31 and its 200-day moving average is $10.02.
About International Media Acquisition
International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp. was incorporated in 2021 and is based in North Brunswick, New Jersey.
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