Shares of Newcourt Acquisition Rise 17%, SPAC's Target Signs Securities Purchase Deal - News Summed Up

Shares of Newcourt Acquisition Rise 17%, SPAC's Target Signs Securities Purchase Deal


By Stephen NakrosisShares of blank-check company Newcourt Acquisition were trading higher on the Nasdaq on Wednesday, a day after the company's business combination target signed a securities purchase agreement for up to $10 million. Shares of Newcourt were trading 17% higher shortly after noon EST, at $11.75 each. Volume at the time topped 55,000 shares, above the 65-day average volume of 1,861 shares.


Source: Wall Street Journal January 17, 2024 18:18 UTC



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