What's Going On With iCoreConnect Stock?
Portfolio Pulse from Erica Kollmann
iCoreConnect, Inc. (NASDAQ:ICCT) shares have been volatile with multiple trading halts. This follows the company's recent business combination with FG Merger Corp., a SPAC. Trading was halted when it was found that certain shares did not convert using the post-business combination exchange ratio. The issue was corrected and trading resumed. iCoreConnect shares are moving higher on heavy trading volume, with over 26.6 million shares traded compared to the 100-day average of just over 1 million shares.
August 30, 2023 | 3:48 pm
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iCoreConnect's shares have been volatile due to a recent business combination and a trading halt due to a share conversion issue. The shares are now moving higher on heavy trading volume.
The recent business combination and the trading halt due to a share conversion issue have caused volatility in iCoreConnect's shares. However, the issue has been resolved and the shares are now moving higher on heavy trading volume, indicating increased investor interest.
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