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AltC Acquisition (NYSE:ALCC) Shares Down 4.1% - Here's What Happened

AltC Acquisition logo with Energy background

AltC Acquisition Corp. (NYSE:ALCC - Get Free Report)'s stock price dropped 4.1% during trading on Wednesday . The stock traded as low as $61.79 and last traded at $62.77. Approximately 24,789,620 shares changed hands during mid-day trading, an increase of 3,327% from the average daily volume of 723,393 shares. The stock had previously closed at $65.45.

AltC Acquisition Price Performance

The firm's fifty day simple moving average is $37.49 and its 200 day simple moving average is $32.20.

AltC Acquisition Company Profile

(Get Free Report)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

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