HCM Acquisition (NASDAQ:HCMA) Shares Down 4.8% – Should You Sell?

Shares of HCM Acquisition Corp (NASDAQ:HCMAGet Free Report) dropped 4.8% on Thursday . The stock traded as low as $9.50 and last traded at $9.52. Approximately 1,367 shares were traded during trading, a decline of 98% from the average daily volume of 68,548 shares. The stock had previously closed at $10.00.

HCM Acquisition Price Performance

The firm has a 50 day moving average of $9.80 and a two-hundred day moving average of $9.19.

HCM Acquisition Company Profile

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HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.

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