Southport Acquisition Co. (NYSE:PORT - Get Free Report) dropped 1.4% on Wednesday . The company traded as low as $11.83 and last traded at $11.83. Approximately 3,983 shares were traded during trading, an increase of 77% from the average daily volume of 2,245 shares. The stock had previously closed at $12.00.
Southport Acquisition Trading Down 1.4%
The business has a 50-day moving average of $11.85 and a 200-day moving average of $11.47.
About Southport Acquisition
(
Get Free Report)
Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to acquire businesses in the field of financial software with a focus on mortgage and real estate verticals in the United States.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Southport Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southport Acquisition wasn't on the list.
While Southport Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
