Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report)’s share price was up 3.3% on Wednesday . The company traded as high as $1.6450 and last traded at $1.58. Approximately 73,706 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 76,109 shares. The stock had previously closed at $1.53.
Northern Lights Acquisition Stock Performance
The business’s 50 day simple moving average is $2.83 and its two-hundred day simple moving average is $2.98.
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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