Denali Capital Acquisition (NASDAQ:DECAU) Shares Down 0.8% – Here’s What Happened

Denali Capital Acquisition Corp. (NASDAQ:DECAUGet Free Report)’s share price was down 0.8% on Wednesday . The company traded as low as $11.81 and last traded at $11.81. Approximately 8 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 315 shares. The stock had previously closed at $11.90.

Denali Capital Acquisition Stock Performance

The stock’s fifty day moving average is $11.75 and its two-hundred day moving average is $11.60.

Denali Capital Acquisition Company Profile

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Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with companies primarily operating in the technology, consumer services, and hospitality sectors.

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