Marblegate Acquisition Corp. (NASDAQ:GATE – Get Free Report)’s share price was down 2.6% on Monday . The company traded as low as $10.86 and last traded at $10.58. Approximately 1,300 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 1,480 shares. The stock had previously closed at $10.86.
Marblegate Acquisition Stock Performance
The firm’s 50 day moving average price is $10.94 and its 200-day moving average price is $10.99.
About Marblegate Acquisition
Marblegate Acquisition Corp. does not have significant operations. The company focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies primarily in the education, business services, consumer products, and healthcare sectors.
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