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Altitude Acquisition Corp. Announces Liquidation of Trust Account
Globe Newswire (Tue, 12-Mar 5:33 PM ET)
Altitude Acquisition Corp. Announces Extension of Deadline to Complete Initial Business Combination
Globe Newswire (Wed, 7-Feb 4:15 PM ET)
Altitude Acquisition Corp is a blank check company.
Altitude Acquisition Corp. - Class A trades on the NASDAQ stock market under the symbol ALTU.
As of April 19, 2024, ALTU stock price was flat at $10.12 with million shares trading.
ALTU has a market cap of $85.77 million. This is considered a Micro Cap stock.
In the last 3 years, ALTU stock traded as high as $10.45 and as low as $9.59.
ALTU has underperformed the market in the last year with a return of +1.5%, while the SPY ETF gained +21.2%. In the last 3 month period, ALTU fell short of the market, returning -1.5%, while SPY returned +4.3%. However, in the most recent 2 weeks ALTU has outperformed the stock market by returning 0.0%, while SPY returned -3.5%.
ALTU support price is $10.12 and resistance is $10.12 (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 ALTU stock will trade within this expected range on the day.