Seaport Global Acquisition (OTCMKTS:SGAMU) Stock Price Down 27.9% – Here’s What Happened

Seaport Global Acquisition Corp. (OTCMKTS:SGAMUGet Free Report) shares were down 27.9% during mid-day trading on Tuesday . The stock traded as low as $10.45 and last traded at $10.45. Approximately 7,500 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 10,424 shares. The stock had previously closed at $14.50.

Seaport Global Acquisition Stock Performance

The stock has a 50-day moving average price of $10.45 and a 200 day moving average price of $10.45.

About Seaport Global Acquisition

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Seaport Global Acquisition Corp. does not have significant operations. It focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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