International Media Acquisition (NASDAQ:IMAQ) Shares Up 0.3% - What's Next?

Key Points

• International Media Acquisition Corp. (NASDAQ:IMAQ) shares increased by 0.3%, trading at $10.23, with a notable decline in volume at 223 shares compared to the average of 552 shares.
• The company's 50-day and 200-day simple moving averages are $10.45 and $10.43, respectively, indicating a stable price performance over time.
• International Media Acquisition does not currently have significant operations and plans to pursue a merger or acquisition in the media and entertainment sector.

International Media Acquisition Corp. (NASDAQ:IMAQ - ) shares shot up 0.3% on Thursday . The stock traded as high as $10.23 and last traded at $10.23. 223 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 552 shares. The stock had previously closed at $10.20.

International Media Acquisition Price Performance

The company's 50-day simple moving average is $10.45 and its two-hundred day simple moving average is $10.43.

International Media Acquisition Company Profile

International Media Acquisition Corp. 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 in the media and entertainment sector. International Media Acquisition Corp.

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