Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report)’s share price traded down 2.6% during mid-day trading on Tuesday . The stock traded as low as $0.37 and last traded at $0.37. 43,282 shares were traded during trading, a decline of 43% from the average session volume of 76,109 shares. The stock had previously closed at $0.38.
Northern Lights Acquisition Price Performance
The firm’s fifty day simple moving average is $0.41 and its 200 day simple moving average is $1.02.
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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