Maxpro Capital Acquisition (NASDAQ:JMAC) Trading 5.8% Higher - Still a Buy?

Key Points

• Maxpro Capital Acquisition Corp. (NASDAQ:JMAC) saw its stock price rise by 5.8% during trading, reaching a high of $42.12 before last trading at $19.50.
• The stock experienced a significant increase in trading volume, with 529,998 shares traded, a 616% increase from its average session volume.
• The company, which was incorporated in 2021, does not currently have significant operations but plans to pursue business combinations through mergers or acquisitions.

Maxpro Capital Acquisition Corp. (NASDAQ:JMAC - )'s stock price traded up 5.8% during trading on Thursday . The stock traded as high as $42.12 and last traded at $19.50. 529,998 shares traded hands during trading, an increase of 616% from the average session volume of 74,040 shares. The stock had previously closed at $18.43.

Maxpro Capital Acquisition Trading Up 5.8%

The firm's fifty day moving average is $11.12 and its 200 day moving average is $7.88.

Maxpro Capital Acquisition Company Profile

Maxpro Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Taipei City, Taiwan.

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