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International Media Acquisition (NASDAQ:IMAQ) Trading Up 3.2% - Here's What Happened

International Media Acquisition logo with Consumer Discretionary background

Key Points

  • International Media Acquisition Corp. stock rose 3.2% to $10.88 during mid-day trading, following a previous close of $10.54.
  • Trading volume decreased by 40% compared to the average session volume, with only 318 shares traded.
  • The company is planning a merger or acquisition within the media and entertainment sector as it does not have significant operations currently.
  • Want stock alerts on International Media Acquisition? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of International Media Acquisition Corp. (NASDAQ:IMAQ - Get Free Report) traded up 3.2% on Tuesday . The company traded as high as $10.89 and last traded at $10.88. 318 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 528 shares. The stock had previously closed at $10.54.

International Media Acquisition Price Performance

The stock has a 50-day moving average price of $10.54 and a two-hundred day moving average price of $10.49.

About International Media Acquisition

(Get Free Report)

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.

Further Reading

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