Pathfinder Acquisition (OTCMKTS:PFDRU) Shares Down 23.6% – Here’s Why

Pathfinder Acquisition Co. (OTCMKTS:PFDRUGet Free Report) shares dropped 23.6% on Friday . The company traded as low as $7.78 and last traded at $7.95. Approximately 5,000 shares changed hands during trading, a decline of 43% from the average daily volume of 8,807 shares. The stock had previously closed at $10.41.

Pathfinder Acquisition Stock Down 23.6 %

The business’s 50 day moving average price is $7.95 and its 200-day moving average price is $7.95.

About Pathfinder Acquisition

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Pathfinder Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology or technology-enabled sectors. The company was incorporated in 2020 and is based in Palo Alto, California.

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