PowerUp Acquisition (NASDAQ:PWUP) Shares Down 18.9% – What’s Next?

PowerUp Acquisition Corp. (NASDAQ:PWUPGet Free Report) shares fell 18.9% during mid-day trading on Monday . The stock traded as low as $10.43 and last traded at $10.50. 7,344 shares changed hands during trading, an increase of 45% from the average session volume of 5,063 shares. The stock had previously closed at $12.94.

PowerUp Acquisition Price Performance

The firm’s 50-day moving average is $11.53 and its two-hundred day moving average is $11.53.

PowerUp Acquisition Company Profile

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PowerUp 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 focus on video gaming, gaming adjacent, and metaverse businesses.

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