Tiga Acquisition Corp. (NYSE:TINV – Get Free Report) shares rose 0.2% during mid-day trading on Thursday. The company traded as high as $13.27 and last traded at $12.97. 3,329,970 shares traded hands during mid-day trading, an increase of 3,043% from the average session volume of 105,946 shares. The stock had previously closed at $12.94.
Tiga Acquisition Stock Performance
The firm’s 50 day simple moving average is $15.02 and its 200 day simple moving average is $13.65.
Tiga Acquisition Company Profile
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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