Integrated Rail and Resources Acquisition Corp. (NYSE:IRRX - Get Free Report)'s share price was up 143.8% during mid-day trading on Tuesday . The company traded as high as $12.80 and last traded at $12.80. Approximately 2,057 shares changed hands during mid-day trading, an increase of 488% from the average daily volume of 350 shares. The stock had previously closed at $5.25.
Integrated Rail and Resources Acquisition Stock Performance
The business's 50-day simple moving average is $10.74 and its two-hundred day simple moving average is $9.87.
About Integrated Rail and Resources Acquisition
(
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Integrated Rail and Resources Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire railroad companies that transport bulk commodities; terminal companies that transload bulk commodities to and from railroads and pipelines, trucks, and ports; and companies that produce bulk commodities moved by railroads in large volumes, as well as the rail cars that are used to transport bulk commodities.
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