GX Acquisition (OTCMKTS:GXGXU) 36.5% Increase in Revenue

GX Acquisition Corp. (OTCMKTS:GXGXU – Get Free Report) rose 36.5% in midday trading on Friday. The company was trading at $14.00 and last traded at $11.63. Approximately 16,100 shares changed hands during trading, an increase of 148% from average daily volume of 6,479 shares. The company’s shares had previously closed at $8.52.

GX Takeover Results

The company’s 50 day moving average is $11.63 and its 200 day moving average is $11.63.

Profile of the acquiring company GX

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GX Acquisition Corp. has no significant business activities. Its focus is to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was founded in 2018 and is headquartered in New York, New York.

Further reading

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