Why Tuscan Holdings Stock Is Trading Higher Today

Tuscan Holdings THCB shares are trading higher Monday following reports that the company would acquire batter maker Microvast.

Tuscan Holdings Corp is a blank check company. The firm intends to focus its search for target businesses in the cannabis industry.

Tuscan Holdings shares were trading up 56.45% at $24.50. The stock has a 52-week high of $25.20 and a 52-week low of $9.16.