Tiga Acquisition (NYSE:TINV) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Tiga Acquisition Corp. (NYSE:TINV – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $13.65 and traded as high as $14.15. Tiga Acquisition shares last traded at $14.01, with a volume of 2,297,169 shares changing hands.

Tiga Acquisition Stock Performance

The stock has a 50-day simple moving average of $14.76 and a 200-day simple moving average of $13.65.

About Tiga Acquisition

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Tiga Acquisition Corp. (NYSE: TINV) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. The company does not operate as a traditional commercial enterprise and does not currently offer products or services directly to customers.

Like other blank-check companies, Tiga Acquisition’s activities center on evaluating potential merger, acquisition, share exchange, or similar transactions. Its objective is to combine with a target company and provide that business with access to public capital markets.

Tiga Acquisition Corp.

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