AltEnergy Acquisition (NASDAQ:AEAE) Stock Price Up 7.3% – Here’s What Happened

AltEnergy Acquisition Corp. (NASDAQ:AEAEGet Free Report)’s stock price was up 7.3% during trading on Thursday . The company traded as high as $11.72 and last traded at $11.72. Approximately 4,008 shares changed hands during trading, a decline of 27% from the average daily volume of 5,506 shares. The stock had previously closed at $10.92.

AltEnergy Acquisition Price Performance

The company has a 50-day moving average price of $11.11 and a 200 day moving average price of $11.09.

AltEnergy Acquisition Company Profile

(Get Free Report)

AltEnergy Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. AltEnergy Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

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