Stock Alert: Mudrick Capital Acquisition Corp. Jumps 11% On Merger With Topps
Shares of special purpose acquisition company Mudrick Capital Acquisition Corporation II (MUDS) are climbing more than 11% Tuesday morning following the company’s decision to merge with trading cards company Topps.
On closing, the combined company will value at $1.3 billion.
MUDS touched a new high of $11.44 today, before declining to trade at $11.10 currently.
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