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2022-12-29 15:11
Pacifico Acquisition Corp. (NASDAQ:PAFOU – Get Rating)'s share price was down 36.1% during trading on Wednesday . The company traded as low as $5.11 and last traded at $5.11. Approximately 5,700 shares traded hands during trading, an increase of 178% from the average daily volume of 2,053 shares. The stock had previously closed at $8.00.
The stock has a fifty day moving average of $8.87 and a 200 day moving average of $9.71.
Get Pacifico Acquisition alerts:A hedge fund recently bought a new stake in Pacifico Acquisition stock. Clear Street LLC purchased a new position in shares of Pacifico Acquisition Corp. (NASDAQ:PAFOU – Get Rating) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,918 shares of the company's stock, valued at approximately $29,000.
Pacifico Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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