Why Is Melar Acquisition Corp. I ($MACIU) Stock Down -26.46% Today? Melar Acquisition Corp. I (MACIU) units fell roughly 26.46% to about $8.34, down from a pri

Why Is Melar Acquisition Corp. I ($MACIU) Stock Down -26.46% Today? Melar Acquisition Corp. I (MACIU) units fell roughly 26.46% to about $8.34, down from a prior close of $11.34. The decline reflects a collapse in the SPAC's underlying value after shareholders approved a business combination with …