Southport Acquisition Co. (NYSE:PORT - Get Free Report) shares rose 2.2% during mid-day trading on Friday . The company traded as high as $11.72 and last traded at $11.72. Approximately 1,335 shares changed hands during trading, an increase of 262% from the average daily volume of 369 shares. The stock had previously closed at $11.47.
Southport Acquisition Price Performance
The business's fifty day moving average price is $11.44 and its 200 day moving average price is $11.25.
Southport Acquisition Company Profile
(
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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.
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