Worldwide Webb Acquisition (NASDAQ:WWAC) Shares Down 6.3% – Here’s Why

Shares of Worldwide Webb Acquisition Corp. (NASDAQ:WWACGet Free Report) traded down 6.3% during trading on Wednesday . The stock traded as low as $1.80 and last traded at $1.93. 145,858 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 240,515 shares. The stock had previously closed at $2.06.

Worldwide Webb Acquisition Stock Down 6.3 %

The company’s fifty day moving average price is $2.22 and its two-hundred day moving average price is $2.06.

Worldwide Webb Acquisition Company Profile

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Worldwide Webb Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of direct-to-consumer brands, amazon-centric, online marketplace, food tech, new media, digital health, software-as-a-service, fintech, and others.

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