Shares of JATT Acquisition Corp (NYSE:JATT – Get Free Report) fell 6.8% on Wednesday . The stock traded as low as $5.63 and last traded at $5.65. 440,795 shares traded hands during trading, an increase of 967% from the average session volume of 41,322 shares. The stock had previously closed at $6.06.
JATT Acquisition Trading Down 6.8%
The firm has a 50-day moving average price of $6.20 and a two-hundred day moving average price of $4.85.
About JATT Acquisition
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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