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Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
PRNewswire (Fri, 24-Mar 9:00 AM ET)
Ace Global Business Acquisition Limited - Unit trades on the stock market under the symbol ACBAU.
As of May 26, 2023, ACBAU stock price climbed to $10.81 with 100 million shares trading.
ACBAU has a market cap of $0.00. This is considered a Sub-Micro Cap stock.
ACBAU has underperformed the market in the last year with a price return of -0.8% while the SPY ETF gained +5.2%. ACBAU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.1% and +1.2%, respectively, while the SPY returned +6.3% and +2.0%, respectively.
ACBAU support price is $10.48 and resistance is $10.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACBAU stock will trade within this expected range on the day.