Shares of Fifth Era Acquisition Corp I (NASDAQ:FERAU – Get Free Report) were down 0.1% during trading on Thursday. The stock traded as low as $10.76 and last traded at $10.76. Approximately 109 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 6,880 shares. The stock had previously closed at $10.77.
Fifth Era Acquisition Corp I Stock Performance
The stock’s 50-day moving average is $10.77 and its two-hundred day moving average is $10.66.
About Fifth Era Acquisition Corp I
Fifth Era Acquisition Corp I is a special purpose acquisition company (SPAC), also known as a blank-check company. It was formed to identify and combine with an existing business through a merger, share exchange, asset acquisition, share purchase, reorganization or similar transaction. As a SPAC, it does not have operating products or services of its own; its principal activity is seeking and completing a business combination.
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