Shares of Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) shot up 2.8% on Wednesday . The stock traded as high as $0.55 and last traded at $0.54. 84,062 shares were traded during trading, an increase of 10% from the average session volume of 76,109 shares. The stock had previously closed at $0.53.
Northern Lights Acquisition Stock Down 2.8 %
The business has a 50 day simple moving average of $1.19 and a 200-day simple moving average of $1.16.
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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