Sports Entertainment Acquisition Corp. (NYSE:SEAH) saw unusually-high trading volume on Thursday . Approximately 80,497 shares traded hands during mid-day trading, a decline of 88% from the previous session’s volume of 657,963 shares.The stock last traded at $9.98 and had previously closed at $9.93.
Separately, Benchmark initiated coverage on Sports Entertainment Acquisition in a research note on Tuesday, November 30th. They issued a “buy” rating and a $16.00 price objective for the company.
The firm has a 50 day moving average price of $10.48 and a 200-day moving average price of $10.20.
Sports Entertainment Acquisition Company Profile (NYSE:SEAH)
Sports Entertainment Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on the sports and entertainment sectors. The company was incorporated in 2020 and is based in North Palm Beach, Florida.
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