AlphaTime Acquisition (NASDAQ:ATMCU) Shares Up 1.2% – Still a Buy?

AlphaTime Acquisition Corp (NASDAQ:ATMCUGet Free Report) shares rose 1.2% during trading on Thursday . The company traded as high as $11.50 and last traded at $11.50. Approximately 300 shares changed hands during trading, a decline of 95% from the average daily volume of 6,138 shares. The stock had previously closed at $11.36.

AlphaTime Acquisition Stock Performance

The company has a 50 day simple moving average of $11.49 and a two-hundred day simple moving average of $11.37.

About AlphaTime Acquisition

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AlphaTime Acquisition Corp 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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