HCM Acquisition (NASDAQ:HCMA) Trading Down 2.6% – Should You Sell?

HCM Acquisition Corp (NASDAQ:HCMAGet Free Report)’s share price was down 2.6% during mid-day trading on Wednesday . The stock traded as low as $10.15 and last traded at $10.29. Approximately 1,742 shares changed hands during trading, a decline of 97% from the average daily volume of 68,548 shares. The stock had previously closed at $10.56.

HCM Acquisition Stock Performance

The business’s 50 day simple moving average is $11.08 and its 200 day simple moving average is $10.03.

HCM Acquisition Company Profile

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HCM Acquisition Corp 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 entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.

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