GX Acquisition (OTCMKTS:GXGXU) Trading Up 36.5% – Here’s Why

GX Acquisition Corp. (OTCMKTS:GXGXUGet Free Report) was up 36.5% on Tuesday . 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 Price Performance

The company’s 50-day simple moving average is $11.63 and its 200-day simple moving average is $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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