(24/7 MARKET NEWS) – Mount Rainier Acquisition Corp. (Nasdaq: RNER) is to Begin Trading as HUB Cyber Security Ltd, with today being the first day of trading of the Company’s shares on Nasdaq under the symbols “HUBC”.
Mount Rainier is at $6.80, up $1.75 (+34.65%), on 750 thousand premarket shares.
Its 52-week trading range is $4.81 to $16.98. Today’s move follows yesterday’s attempt to breakout on big trading volume. If it can eclipse yesterday’s high of $7.44, it may try to fill the gap to the $9 level, but this doesn’t feel like it has staying power and is a foreign based listing, so probably best to scalp and stay away.
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