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AltC Acquisition (NYSE:ALCC) Stock Price Down 2.9% - Here's Why

AltC Acquisition logo with Energy background

Key Points

  • AltC Acquisition Corp. (NYSE:ALCC) saw a 2.9% decline in share price, closing at $68.99, down from $71.06.
  • Trading volume spiked significantly to 7,574,315 shares, an increase of 947% compared to its average session volume.
  • The company, formerly known as Churchill Capital Corp VIII, currently has no significant operations and focuses on mergers and acquisitions.
  • Interested in AltC Acquisition? Here are five stocks we like better.

AltC Acquisition Corp. (NYSE:ALCC - Get Free Report)'s stock price dropped 2.9% on Tuesday . The company traded as low as $68.02 and last traded at $68.99. Approximately 7,574,315 shares traded hands during mid-day trading, an increase of 947% from the average daily volume of 723,393 shares. The stock had previously closed at $71.06.

AltC Acquisition Price Performance

The stock has a 50-day moving average of $65.43 and a two-hundred day moving average of $45.09.

About AltC Acquisition

(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.

Further Reading

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