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AltC Acquisition (NYSE:ALCC) Stock Price Up 12.5% - Here's Why

AltC Acquisition logo with Energy background

AltC Acquisition Corp. (NYSE:ALCC - Get Free Report) shares shot up 12.5% during trading on Wednesday . The company traded as high as $28.97 and last traded at $28.66. 18,741,447 shares changed hands during mid-day trading, an increase of 2,491% from the average session volume of 723,393 shares. The stock had previously closed at $25.47.

AltC Acquisition Price Performance

The business has a 50-day moving average price of $24.51 and a 200 day moving average price of $27.25.

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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