Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) shares traded up 6.4% on Friday . The stock traded as high as $0.48 and last traded at $0.46. 150,099 shares traded hands during trading, an increase of 97% from the average session volume of 76,109 shares. The stock had previously closed at $0.43.
Northern Lights Acquisition Price Performance
The business’s fifty day moving average price is $1.62 and its 200-day moving average price is $1.18.
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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