Shares of Crescent Acquisition Corp. (OTCMKTS:CRSAU – Get Free Report) dropped 10.1% during trading on Tuesday . The stock traded as low as $10.15 and last traded at $10.15. Approximately 600 shares changed hands during trading, a decline of 64% from the average daily volume of 1,669 shares. The stock had previously closed at $11.29.
Crescent Acquisition Trading Down 10.1 %
The firm’s 50-day moving average is $10.15.
About Crescent Acquisition
Crescent Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Crescent Funding Inc and changed its name to Crescent Acquisition Corp.
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