Shares of Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) traded down 1.5% on Monday . The stock traded as low as $0.73 and last traded at $0.73. 13,495 shares traded hands during trading, a decline of 82% from the average session volume of 76,109 shares. The stock had previously closed at $0.74.
Northern Lights Acquisition Price Performance
The business’s fifty day moving average is $1.82 and its 200-day moving average is $1.58.
Northern Lights Acquisition Company Profile
Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.
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