Digital Asset Acquisition Corp. (NASDAQ:DAAQW – Get Free Report) was up 8.6% on Thursday . The company traded as high as $0.26 and last traded at $0.2480. Approximately 10,757 shares were traded during mid-day trading, a decline of 38% from the average session volume of 17,257 shares. The stock had previously closed at $0.2284.
Digital Asset Acquisition Stock Performance
The stock’s 50-day moving average price is $0.39 and its 200-day moving average price is $0.40.
About Digital Asset Acquisition
We are a special purpose acquisition company incorporated on December 9, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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