Goldenstone Acquisition (NASDAQ:GDST) Stock Price Up 8.6% – Here’s Why

Goldenstone Acquisition Limited (NASDAQ:GDST)’s share price shot up 8.6% on Monday . The company traded as high as $12.50 and last traded at $12.50. 504 shares were traded during trading, an increase of 40% from the average session volume of 361 shares. The stock had previously closed at $11.51.

Goldenstone Acquisition Trading Up 8.6%

The stock’s fifty day simple moving average is $11.04 and its 200-day simple moving average is $10.96.

About Goldenstone Acquisition

Goldenstone Acquisition Corp. is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering on the Nasdaq under the ticker GDST. As a “blank check” vehicle, Goldenstone Acquisition Corp. was formed with the sole purpose of identifying, acquiring or merging with a privately held business to bring it public through a reverse merger transaction. The company holds its IPO proceeds in a trust account, earning interest while it evaluates potential targets.

Goldenstone Acquisition Corp.