Shares of Nabors Energy Transition Corp. II (NASDAQ:NETDU – Get Free Report) shot up 3.5% on Thursday . The stock traded as high as $11.50 and last traded at $11.50. 1,600 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 8,063 shares. The stock had previously closed at $11.11.
Nabors Energy Transition Corp. II Price Performance
The company has a fifty day simple moving average of $11.08 and a two-hundred day simple moving average of $10.85.
Nabors Energy Transition Corp. II Company Profile
Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.
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