International Media Acquisition Corp. (<a>NASDAQ:IMAQ</a> – <a>Get Free Report</a>)’s share price was up 3.8% during trading on Thursday . The company traded as high as $10.59 and last traded at $10.59. Approximately 138 shares traded hands during trading, a decline of 77% from the average daily volume of 588 shares. The stock had previously closed at $10.20.\n\nThe business has a 50-day moving average of $10.33 and a 200 day moving average of $10.78. \n\nInternational Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp.

International Media Acquisition (NASDAQ:IMAQ) Trading Up 3.8% – Here’s Why

International Media Acquisition Corp. (IMAQ) saw its stock price rise 3.8% to $10.59 on Thursday, with trading volume dropping 77% from the average daily volume. The company, which lacks significant operations, plans to pursue a business combination in the media and entertainment sector.