Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) shares were down 1.3% during mid-day trading on Wednesday . The stock traded as low as $0.45 and last traded at $0.47. Approximately 52,956 shares were traded during trading, a decline of 30% from the average daily volume of 76,109 shares. The stock had previously closed at $0.48.
Northern Lights Acquisition Stock Performance
The business’s fifty day moving average price is $1.16 and its 200-day moving average price is $1.12.
Northern Lights Acquisition Company Profile
Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.
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