Boral Buyout: Shares Stuck Around $10, Market Awaiting a Jolt
D. Boral Acquisition I Corp. is trading close to its $10 listing price ahead of the holiday-shortened week. The Nasdaq will be shut for Memorial Day on Monday, with normal trading back on Tuesday. DBCA traded in a tight band between $9.92 and $9.93, last quoted at $9.925. Volume was 137,720 shares. That isn’t much action. For a newly listed SPAC—these are shell companies that go public first, and hunt for a private business to acquire—the quiet trading stands out.