Swiftmerge Acquisition (NASDAQ:IVCPU) Shares Down 1.8% – Should You Sell?

Shares of Swiftmerge Acquisition Corp. (NASDAQ:IVCPUGet Free Report) traded down 1.8% during trading on Monday . The company traded as low as $11.10 and last traded at $11.10. 100 shares traded hands during trading, a decline of 83% from the average session volume of 583 shares. The stock had previously closed at $11.30.

Swiftmerge Acquisition Trading Down 1.8 %

The stock’s 50 day simple moving average is $11.15 and its two-hundred day simple moving average is $11.01.

About Swiftmerge Acquisition

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Swiftmerge Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.

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