Shares of Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) dropped 4% on Thursday . The company traded as low as $0.36 and last traded at $0.36. Approximately 45,589 shares were traded during trading, a decline of 40% from the average daily volume of 76,109 shares. The stock had previously closed at $0.37.
Northern Lights Acquisition Stock Performance
The business’s 50-day moving average price is $1.69 and its two-hundred day moving average price is $1.22.
About Northern Lights Acquisition
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.
See Also
- Five stocks we like better than Northern Lights Acquisition
- What Do S&P 500 Stocks Tell Investors About the Market?
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- Stock Splits, Do They Really Impact Investors?
- Breakout Alert: Qualcomm Just Hit The Rally Button
- How to invest in marijuana stocks in 7 steps
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for Northern Lights Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Lights Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
