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AltEnergy Acquisition (NASDAQ:AEAE) Trading Down 0.9% - Here's What Happened

AltEnergy Acquisition logo with Financial Services background

Shares of AltEnergy Acquisition Corp. (NASDAQ:AEAE - Get Free Report) traded down 0.9% during mid-day trading on Thursday . The company traded as low as $11.60 and last traded at $11.61. 1,132 shares changed hands during trading, an increase of 39% from the average session volume of 816 shares. The stock had previously closed at $11.72.

AltEnergy Acquisition Stock Performance

The stock's 50-day moving average price is $11.48 and its 200 day moving average price is $11.21.

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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