CC Neuberger Principal Holdings II (NYSE:PRPB) Stock Price Up 6.3% - Here's What Happened

Key Points

• CC Neuberger Principal Holdings II (NYSE:PRPB) shares increased by 6.3% to last trade at $1.85, marking a significant rise from the previous close of $1.74.
• Approximately 640,991 shares were traded, exceeding the average daily volume by 32%.
• The company primarily focuses on merger and acquisition activities, as it does not have significant operations and was incorporated in 2020.

CC Neuberger Principal Holdings II (NYSE:PRPB - ) shares were up 6.3% on Thursday . The company traded as high as $1.86 and last traded at $1.85. Approximately 640,991 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 487,352 shares. The stock had previously closed at $1.74.

CC Neuberger Principal Holdings II Stock Performance

The company has a fifty day simple moving average of $1.77 and a 200-day simple moving average of $1.97.

About CC Neuberger Principal Holdings II

CC Neuberger Principal Holdings II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. CC Neuberger Principal Holdings II was incorporated in 2020 and is based in New York, New York.

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