Provident Acquisition Corp. Down 16%; Touches 52-Week Low Friday

Dow Jones

Oct 22, 2022

By Josh Beckerman

Provident Acquisition Corp. shares, which were never below $9.91 in September and most of October, according to FactSet, are down 16% at $7.81 Friday following an 8% decline Thursday.

Stockholders will vote Tuesday on the blank-check company's combination with Perfect Corp., which provides augmented reality and artificial intelligence software for the beauty and fashion industries.

The intraday low of $7.54 also marks a 52-week low.

Provident didn't appear to issue any securities filings or press releases Friday.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

October 21, 2022 15:36 ET (19:36 GMT)

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Down 16%; Touches 52-Week Low Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-22 03:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/PAQCU\">Provident Acquisition Corp.</a> shares, which were never below $9.91 in September and most of October, according to FactSet, are down 16% at $7.81 Friday following an 8% decline Thursday. \n</p>\n<p>\n  Stockholders will vote Tuesday on the blank-check company's combination with Perfect Corp., which provides augmented reality and artificial intelligence software for the beauty and fashion industries. \n</p>\n<p>\n  The intraday low of $7.54 also marks a 52-week low. \n</p>\n<p>\n  Provident didn't appear to issue any securities filings or press releases Friday. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 21, 2022 15:36 ET (19:36 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PAQCU","symbol_name":"Provident Acquisition Corp.","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2277254543","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2277254543","pubTimestamp":1666380960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"By Josh Beckerman \n\n\n \n\n\nProvident Acquisition Corp. shares, which were never below $9.91 in Septemb","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PAQCU":"Provident Acquisition Corp.","PERF":"Perfect Corp."},"translate_title":"公积金收购公司下跌16%；周五触及52周低点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PAQCU":1,"PERF":0.9,"PAQC":0.9},"content_text":"By Josh Beckerman \n\n\n \n\n\nProvident Acquisition Corp. shares, which were never below $9.91 in September and most of October, according to FactSet, are down 16% at $7.81 Friday following an 8% decline Thursday. \n\n\n  Stockholders will vote Tuesday on the blank-check company's combination with Perfect Corp., which provides augmented reality and artificial intelligence software for the beauty and fashion industries. \n\n\n  The intraday low of $7.54 also marks a 52-week low. \n\n\n  Provident didn't appear to issue any securities filings or press releases Friday. \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 21, 2022 15:36 ET (19:36 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}