Aimei Health Technology (NASDAQ:AFJKU) Stock Price Down 23.3% – Here’s Why

Aimei Health Technology Co., Ltd (NASDAQ:AFJKUGet Free Report)’s stock price traded down 23.3% during mid-day trading on Monday . The stock traded as low as $7.60 and last traded at $8.10. 1,830 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 1,871 shares. The stock had previously closed at $10.56.

Aimei Health Technology Price Performance

The firm has a 50 day simple moving average of $11.80 and a 200-day simple moving average of $11.53.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Aimei Health Technology stock. Clear Street Group Inc. acquired a new stake in shares of Aimei Health Technology Co., Ltd (NASDAQ:AFJKUFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,293 shares of the company’s stock, valued at approximately $26,000.

About Aimei Health Technology

(Get Free Report)

Aimei Health Technology Co, Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquires businesses in the biopharmaceutical, medical technology/device industries or diagnostic, and other services sectors.

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