Falcon Capital Acquisition (OTCMKTS:FCACU) Trading Down 7% – Should You Sell?

Falcon Capital Acquisition Corp. (OTCMKTS:FCACUGet Free Report)’s stock price was down 7% during mid-day trading on Thursday . The company traded as low as $9.35 and last traded at $9.55. Approximately 7,500 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 71,200 shares. The stock had previously closed at $10.27.

Falcon Capital Acquisition Stock Performance

The firm has a 50-day moving average price of $9.55 and a 200-day moving average price of $9.55.

About Falcon Capital Acquisition

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Falcon Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses. The company was incorporated in 2020 and is based in New York, New York.

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