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PRNewswire (Fri, 22-Nov 9:00 AM ET)
Global Lights Acquisition Corp is a blank check company.
Global Lights Acquisition - trades on the NASDAQ stock market under the symbol GLAC.
As of January 17, 2025, GLAC stock price climbed to $10.70 with 2,222 million shares trading.
GLAC has a market cap of $96.03 million. This is considered a Micro Cap stock.
The top ETF exchange traded funds that GLAC belongs to (by Net Assets): SPC.
GLAC has underperformed the market in the last year with a price return of +5.3% while the SPY ETF gained +28.0%. GLAC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.7% and +0.4%, respectively, while the SPY returned +3.0% and +1.0%, respectively.
GLAC support price is $10.67 and resistance is $10.71 (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 GLAC shares will trade within this expected range on the day.