GX Acquisition (OTCMKTS:GXGXU) Shares Up 36.5% – Should You Buy?

GX Acquisition Corp. (OTCMKTS:GXGXUGet Free Report) rose 36.5% during trading on Wednesday . The company traded as high as $14.00 and last traded at $11.63. Approximately 16,100 shares were traded during mid-day trading, an increase of 148% from the average daily volume of 6,479 shares. The stock had previously closed at $8.52.

GX Acquisition Trading Up 36.5 %

The stock has a fifty day simple moving average of $11.63 and a 200-day simple moving average of $11.63.

GX Acquisition Company Profile

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GX Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2018 and is based in New York, New York.

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