Brilliant Acquisition Co. (OTCMKTS:BRLIU – Get Free Report) shares dropped 50.7% on Thursday . The company traded as low as $4.99 and last traded at $5.10. Approximately 7,700 shares changed hands during trading, an increase of 147% from the average daily volume of 3,122 shares. The stock had previously closed at $10.35.
Brilliant Acquisition Price Performance
The firm’s 50-day simple moving average is $5.10 and its 200-day simple moving average is $5.10.
Brilliant Acquisition Company Profile
Brilliant Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. Brilliant Acquisition Corporation was incorporated in 2019 and is based in Shanghai, China.
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