Global Star Acquisition, Inc. (NASDAQ:GLST – Get Free Report) shares dropped 59% during mid-day trading on Thursday . The company traded as low as $2.95 and last traded at $2.95. Approximately 20,394 shares traded hands during trading, an increase of 116% from the average daily volume of 9,450 shares. The stock had previously closed at $7.20.
Global Star Acquisition Trading Down 59.0%
The stock has a 50-day moving average price of $6.80 and a 200-day moving average price of $9.18.
About Global Star Acquisition
Global Star Acquisition, Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in McLean, Virginia.
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