Authentic Equity Acquisition Corp
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AEAC Authentic Equity Acquisition Corp
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Company profile

Authentic Equity Acquisition Corp is a blank check company. The Company is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. It intends to focus its search for a business combination initially on North American businesses in the consumer sector. It is neither engaged in any operations nor generated any revenues.

Day's Change
-0.01 (-0.10%)
B/A Size
Day's High
Day's Low
(Heavy Day)

Today's volume of 28,709 shares is on pace to be much greater than AEAC's 10-day average volume of 36,317 shares.


Chip stocks and Apple supplier shares fall after report of disappointing iPhone demand

8:12 am ET September 28, 2022 (MarketWatch)

Shares of semiconductor companies and Apple Inc. suppliers were broadly lower in premarket trading Wednesday, after Bloomberg reported overnight that Apple is dropping plans to boost iPhone production because an expected surge in demand didn't materialize. The VanEck Semiconductor ETF slumped 1.9%, with all equity components that have traded premarket losing ground, led by the 5.1% drop in STMicroelectronics NV's stock , while shares of Nvidia Corp. shed 1.2%, Advanced Micro Devices Inc. slid 0.9% and Intel Corp. eased 0.1%. Among suppliers, shares of Qorvo Inc. fell 2.8%, Skyworks Solutions Inc. gave up 2.5%, ON Semiconductor Corp. fell 2.0% and Microchip Technology Inc. lost 1.1%. Meanwhile, futures for the S&P 500 slipped 0.5% ahead of the open.

-Tomi Kilgore


(END) Dow Jones Newswires

September 28, 2022 08:12 ET (12:12 GMT)

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