Insight Acquisition (OTCMKTS:INAQU) Shares Down 7.2% – Here’s What Happened

Insight Acquisition Corp. (OTCMKTS:INAQUGet Free Report) traded down 7.2% during mid-day trading on Friday . The stock traded as low as $10.90 and last traded at $11.13. 20,900 shares traded hands during mid-day trading, an increase of 762% from the average session volume of 2,426 shares. The stock had previously closed at $12.00.

Insight Acquisition Stock Performance

The firm’s 50-day moving average price is $11.16 and its 200 day moving average price is $11.05.

About Insight Acquisition

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Insight Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on business in the FinTech, wealth, asset, investment management, and insurance tech sectors.

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