JATT Acquisition (NYSE:JATT) Trading Up 18.5% – Still a Buy?

JATT Acquisition Corp (NYSE:JATTGet Free Report) was up 18.5% during mid-day trading on Monday . The stock traded as high as $1.28 and last traded at $1.28. Approximately 389,065 shares traded hands during mid-day trading, an increase of 842% from the average daily volume of 41,322 shares. The stock had previously closed at $1.08.

JATT Acquisition Stock Up 18.5 %

The business has a 50 day simple moving average of $1.64 and a 200-day simple moving average of $3.11.

JATT Acquisition Company Profile

(Get Free Report)

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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