Shares of FinTech Acquisition Corp. III (OTCMKTS:FTACU) fell 4.4% on Friday . The stock traded as low as $10.96 and last traded at $11.33, 7,230 shares changed hands during trading. A decline of 84% from the average session volume of 45,275 shares. The stock had previously closed at $11.85.
The business’s 50 day moving average is $11.88 and its 200-day moving average is $11.00.
Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. acquired a new stake in shares of FinTech Acquisition Corp. III in the fourth quarter worth approximately $269,000. FNY Investment Advisers LLC purchased a new stake in shares of FinTech Acquisition Corp. III in the 2nd quarter valued at approximately $480,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of FinTech Acquisition Corp. III during the 1st quarter worth approximately $1,023,000.
FinTech Acquisition Corp. III intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was founded in 2017 and is based in Philadelphia, Pennsylvania.
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