ACON S2 Acquisition (OTCMKTS:STWOU) Stock Price Up 8.2% – Time to Buy?

ACON S2 Acquisition Corp. (OTCMKTS:STWOUGet Free Report) shot up 8.2% during mid-day trading on Monday . The company traded as high as $8.58 and last traded at $8.48. 6,700 shares traded hands during 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 business has a fifty day moving average of $8.48 and a 200 day moving average of $8.48.

ACON S2 Acquisition Company Profile

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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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