Shares of Newbury Street Acquisition Co. (OTCMKTS:NBSTU – Get Free Report) rose 3% on Monday . The company traded as high as $11.27 and last traded at $11.27. Approximately 100 shares changed hands during trading, a decline of 80% from the average daily volume of 500 shares. The stock had previously closed at $10.94.
Newbury Street Acquisition Price Performance
The company has a 50-day simple moving average of $10.86 and a 200-day simple moving average of $10.73.
About Newbury Street Acquisition
Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet or media space, including sports and entertainment verticals.
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