NASDAQ:XRPN

Armada Acquisition Corp. II Shares Hold Near Trust Value Heading Into Memorial Day
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Armada Acquisition Corp. II Shares Hold Near Trust Value Heading Into Memorial Day

Armada Acquisition Corp. II shares closed Friday at $10.37, just below the SPAC’s $10.39 per-share redemption value, with about 42,000 shares traded. Nasdaq will be closed Monday for Memorial Day, delaying further trading until Tuesday. The pending Evernorth merger remains the key driver for XRPN, not operating results. The broader market rose last week, but XRPN stayed flat near its trust value.
May 23, 2026

Stock Market Today

  • Xero Shares Plunge 62% Amid Tech Sell-Off, Analysts Bullish on 87% Upside
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