Southport Acquisition (NYSE:PORT) Shares Down 0.3% – Here’s What Happened

Southport Acquisition Co. (NYSE:PORTGet Free Report)’s stock price fell 0.3% during trading on Friday . The company traded as low as $11.15 and last traded at $11.15. 100 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 17,846 shares. The stock had previously closed at $11.19.

Southport Acquisition Price Performance

The firm has a 50 day moving average of $11.11 and a 200 day moving average of $11.02.

Southport Acquisition Company Profile

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Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to acquire businesses in the field of financial software with a focus on mortgage and real estate verticals in the United States.

Further Reading

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