Shares of Marblegate Acquisition Corp. (NASDAQ:GATEU – Get Free Report) were up 26% during trading on Thursday . The company traded as high as $20.79 and last traded at $20.16. Approximately 1,436 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 2,336 shares. The stock had previously closed at $16.00.
Marblegate Acquisition Trading Up 26.0 %
The firm’s fifty day moving average price is $11.50 and its two-hundred day moving average price is $11.19.
About Marblegate Acquisition
Marblegate Acquisition Corp. does not have significant operations. It focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Rye, New York.
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