RF Acquisition Corp. (NASDAQ:RFAC – Get Free Report)’s share price traded down 66.8% during mid-day trading on Monday . The company traded as low as $2.53 and last traded at $2.86. 648,104 shares changed hands during trading, an increase of 1,508% from the average session volume of 40,300 shares. The stock had previously closed at $8.60.
RF Acquisition Trading Down 66.8 %
The business has a 50-day simple moving average of $5.81 and a 200-day simple moving average of $9.39.
About RF Acquisition
RF Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in financial services, media, technology, retail, interpersonal communication, transportation, and education sectors.
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