Northern Lights Acquisition (NASDAQ:NLIT) Trading Down 4.6% – What’s Next?

Northern Lights Acquisition Corp. (NASDAQ:NLITGet Free Report)’s share price fell 4.6% during trading on Monday . The stock traded as low as $0.33 and last traded at $0.39. 224,376 shares changed hands during mid-day trading, an increase of 195% from the average session volume of 76,109 shares. The stock had previously closed at $0.41.

Northern Lights Acquisition Stock Down 4.6 %

The business has a fifty day simple moving average of $0.79 and a 200 day simple moving average of $1.13.

Northern Lights Acquisition Company Profile

(Get Free Report)

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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