McKinley Acquisition Stock Flat at $10 as $176.7M Deal Waits
McKinley Acquisition Corp. traded close to its cash-backstop level ahead of the regular Nasdaq open Friday, holding near the value of its trust instead of showing much connection to earnings. The company’s latest quarterly filing still has it searching for a deal. The Nasdaq session starts at 9:30 a.m. ET. May 29 was not shown as a market holiday for 2026. Class A shares finished at $10.19 on May 28 after 1,513 shares changed hands, giving the company a market value near $248.1 million. The stock has traded between $9.85 and $10.19 over the past year, leaving Thursday’s close right at the high end of that tight range.