Denali Capital Acquisition Corp. (NASDAQ:DECAU – Get Free Report) dropped 1.3% on Friday . The stock traded as low as $11.84 and last traded at $11.84. Approximately 100 shares were traded during trading, a decline of 97% from the average daily volume of 3,325 shares. The stock had previously closed at $12.00.
Denali Capital Acquisition Stock Performance
The firm has a 50 day moving average of $11.86 and a two-hundred day moving average of $11.69.
Denali Capital Acquisition Company Profile
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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