Everest Consolidator Acquisition Co. (OTCMKTS:MNTN - Get Free Report) shares were up 133.5% during mid-day trading on Thursday . The company traded as high as $26.88 and last traded at $26.36. Approximately 11,502,276 shares traded hands during trading, an increase of 52,701% from the average daily volume of 21,784 shares. The stock had previously closed at $11.29.
Everest Consolidator Acquisition Stock Performance
The firm has a 50 day moving average price of $5.30 and a 200 day moving average price of $9.18.
Insider Activity at Everest Consolidator Acquisition
In other Everest Consolidator Acquisition news, CEO Mark Steven Douglas sold 900,000 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $16.00, for a total value of $14,400,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dana R. Settle sold 800,000 shares of the company's stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $16.00, for a total value of $12,800,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 2,594,665 shares of company stock valued at $41,514,640 over the last ninety days. 60.30% of the stock is owned by company insiders.
About Everest Consolidator Acquisition
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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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