DiamondHead (NASDAQ:DHHC) Trading Down 5.3% – What’s Next?

DiamondHead Holdings Corp. (NASDAQ:DHHCGet Free Report) shares fell 5.3% during trading on Thursday . The stock traded as low as $3.36 and last traded at $3.38. 29,208 shares changed hands during trading, a decline of 92% from the average session volume of 350,931 shares. The stock had previously closed at $3.57.

DiamondHead Stock Down 5.3 %

The firm has a 50 day simple moving average of $4.07 and a two-hundred day simple moving average of $5.35.

About DiamondHead

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DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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