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Inc/De Qualcomm Sells 412,500 Shares of Everest Consolidator Acquisition Co. (OTCMKTS:MNTN) Stock

Everest Consolidator Acquisition logo with background

Everest Consolidator Acquisition Co. (OTCMKTS:MNTN - Get Free Report) major shareholder Inc/De Qualcomm sold 412,500 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $16.00, for a total value of $6,600,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.

Everest Consolidator Acquisition Trading Down 5.8%

Shares of MNTN stock traded down $1.51 during mid-day trading on Friday, reaching $24.49. 424,561 shares of the company's stock traded hands, compared to its average volume of 1,363,445. Everest Consolidator Acquisition Co. has a 12 month low of $20.76 and a 12 month high of $32.49. The firm has a 50 day moving average price of $5.87 and a two-hundred day moving average price of $9.38.

Everest Consolidator Acquisition Company Profile

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Everest Consolidator Acquisition Corporation does not have significant operations. The company intends to a effect merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on identifying businesses in the financial services sector.

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