Integrated Rail and Resources Acquisition Corp. (NYSE:IRRX - Get Free Report) was up 114.3% during trading on Wednesday . The company traded as high as $11.25 and last traded at $11.25. Approximately 562 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 250 shares. The stock had previously closed at $5.25.
Integrated Rail and Resources Acquisition Price Performance
The business has a 50-day moving average of $8.04 and a 200 day moving average of $9.77.
About Integrated Rail and Resources Acquisition
(
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Integrated Rail and Resources Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire railroad companies that transport bulk commodities; terminal companies that transload bulk commodities to and from railroads and pipelines, trucks, and ports; and companies that produce bulk commodities moved by railroads in large volumes, as well as the rail cars that are used to transport bulk commodities.
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