Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report)’s stock price fell 2.7% during trading on Friday . The company traded as low as $0.36 and last traded at $0.38. 66,768 shares were traded during trading, a decline of 12% from the average session volume of 76,109 shares. The stock had previously closed at $0.40.
Northern Lights Acquisition Stock Down 2.7 %
The company’s 50 day simple moving average is $1.59 and its two-hundred day simple moving average is $1.14.
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.
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