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Maxpro Capital Acquisition (NASDAQ:JMAC) Trading Up 8.9% - Still a Buy?

Maxpro Capital Acquisition logo with Manufacturing background

Key Points

  • Maxpro Capital Acquisition Corp. (NASDAQ:JMAC) saw its stock price increase by 8.9% during trading, reaching a high of $7.00 before closing at $6.83.
  • The company has no significant operations and seeks to complete a business combination through a merger or asset acquisition.
  • Trading volume decreased by 51% compared to the average daily volume, indicating lower investor activity.
  • MarketBeat previews top five stocks to own in October.

Maxpro Capital Acquisition Corp. (NASDAQ:JMAC - Get Free Report)'s share price rose 8.9% during trading on Tuesday . The stock traded as high as $7.00 and last traded at $6.83. Approximately 36,424 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 74,040 shares. The stock had previously closed at $6.27.

Maxpro Capital Acquisition Price Performance

The firm's 50-day simple moving average is $5.77 and its 200 day simple moving average is $6.26.

About Maxpro Capital Acquisition

(Get Free Report)

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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