Shares of Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) shot up 0.4% on Tuesday . The stock traded as high as $0.8428 and last traded at $0.8068. 13,689 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 76,109 shares. The stock had previously closed at $0.8037.
Northern Lights Acquisition Price Performance
The stock’s 50-day moving average is $0.96 and its 200-day moving average is $2.01.
About Northern Lights Acquisition
Northern Lights Acquisition Corp. (NASDAQ: NLIT) is a Delaware-based special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition or other business combination with one or more businesses. As a blank‐check company, Northern Lights Acquisition seeks to leverage public markets to provide private companies with an efficient route to capital and liquidity. The company’s shares trade on the Nasdaq Stock Market under the symbol NLIT, reflecting its listing as a publicly traded vehicle dedicated to identifying and partnering with high‐growth businesses.
The company was incorporated in mid-2020 and launched its initial public offering later that year.
Recommended Stories
Receive News & Ratings for Northern Lights Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Lights Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
