ACON S2 Acquisition (OTCMKTS:STWOU) Shares Up 8.2% – Should You Buy?

ACON S2 Acquisition Corp. (OTCMKTS:STWOUGet Free Report) shot up 8.2% during mid-day trading on Friday . The company traded as high as $8.58 and last traded at $8.48. 6,700 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 15,569 shares. The stock had previously closed at $7.84.

ACON S2 Acquisition Price Performance

The company has a fifty day moving average price of $8.48 and a 200-day moving average price of $8.48.

About ACON S2 Acquisition

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ACON S2 Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Washington, District of Columbia.

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