HCM Acquisition (NASDAQ:HCMA) Trading Down 0.4% - Here's What Happened

Key Points

• HCM Acquisition Corp's shares decreased by 0.4%, trading at $5.65, which is significantly lower than its fifty-day moving average of $8.56.
• Trading volume for HCM Acquisition was 1,261 shares, a decline of 98% from its average session volume of 68,548 shares.
• Founded in 2021, HCM Acquisition Corp primarily seeks to execute mergers and business combinations, though it currently does not have significant operations.

Shares of HCM Acquisition Corp (NASDAQ:HCMA - ) fell 0.4% on Wednesday . The stock traded as low as $5.65 and last traded at $5.65. 1,261 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 68,548 shares. The stock had previously closed at $5.67.

HCM Acquisition Stock Down 0.4%

The firm has a fifty day moving average of $8.56 and a two-hundred day moving average of $9.73.

HCM Acquisition Company Profile

HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.

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