Southport Acquisition Co. (NYSE:PORT - Get Free Report)'s stock price shot up 3.4% during mid-day trading on Thursday . The stock traded as high as $13.00 and last traded at $12.00. 979 shares were traded during trading, a decline of 55% from the average session volume of 2,175 shares. The stock had previously closed at $11.60.
Southport Acquisition Stock Down 0.8%
The firm's 50 day moving average is $11.86 and its 200 day moving average is $11.53.
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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