JATT Acquisition (NYSE:JATT) Stock Price Down 1.3% – Here’s Why

Shares of JATT Acquisition Corp (NYSE:JATTGet Free Report) dropped 1.3% during mid-day trading on Monday . The company traded as low as $6.00 and last traded at $6.20. Approximately 226,456 shares were traded during trading, an increase of 448% from the average daily volume of 41,322 shares. The stock had previously closed at $6.28.

JATT Acquisition Price Performance

The firm has a fifty day moving average of $5.41 and a 200-day moving average of $3.88.

JATT Acquisition Company Profile

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JATT Acquisition Corp does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus on businesses primarily operating in the life sciences sector. JATT Acquisition Corp was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

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