JATT Acquisition (NYSE:JATT) Shares Down 6.2% – Here’s What Happened

JATT Acquisition Corp (NYSE:JATTGet Free Report)’s share price fell 6.2% during trading on Monday . The stock traded as low as $1.65 and last traded at $1.66. 307,574 shares were traded during trading, an increase of 644% from the average session volume of 41,322 shares. The stock had previously closed at $1.77.

JATT Acquisition Stock Performance

The firm’s 50-day moving average price is $2.35 and its 200 day moving average price is $3.57.

JATT Acquisition Company Profile

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JATT Acquisition Corp does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus on businesses primarily operating in the life sciences sector.

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