Tiga Acquisition Corp. (NYSE:TINV – Get Free Report) shot up 2.9% during mid-day trading on Thursday. The stock traded as high as $14.50 and last traded at $14.34. 2,229,635 shares were traded during trading, an increase of 2,005% from the average daily volume of 105,946 shares. The stock had previously closed at $13.94.
Tiga Acquisition Price Performance
The business’s 50-day moving average price is $15.71 and its 200-day moving average price is $14.31.
About Tiga Acquisition
Tiga Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. The company does not have significant independent operations, products or services of its own.
Its stated activities have focused on evaluating potential targets for a merger, share exchange, asset acquisition, reorganization or similar transaction. The company has indicated that it may pursue opportunities in a range of industries and geographic markets, subject to identifying a suitable target.
Tiga Acquisition Corp.
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