Eureka Acquisition Corp (NASDAQ:EURKU – Get Free Report)’s share price shot up 0.8% during mid-day trading on Monday. The stock traded as high as $11.99 and last traded at $11.8050. 214 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 882 shares. The stock had previously closed at $11.71.
Eureka Acquisition Stock Up 5.5%
The stock’s 50 day moving average price is $11.97 and its 200 day moving average price is $11.33.
About Eureka Acquisition
Eureka Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more businesses. Its potential transactions may include a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination.
Unlike an operating company, Eureka Acquisition Corp. does not have established commercial products, services, or operating geographic markets of its own. Its activities are focused on evaluating potential acquisition targets and pursuing a transaction that could result in a combined public company.
The company’s securities include units traded under the symbol EURKU.
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