Newbury Street Acquisition Co. (NASDAQ:NBST – Get Free Report) shares were up 4.9% during trading on Tuesday . The company traded as high as $10.51 and last traded at $10.51. Approximately 500 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 555 shares. The stock had previously closed at $10.02.
Newbury Street Acquisition Stock Performance
The firm has a 50 day moving average of $19.81 and a two-hundred day moving average of $18.08.
Newbury Street Acquisition Company Profile
Newbury Street Acquisition Corporation (NASDAQ: NBST) is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company launched its initial public offering in early 2021, raising capital through the sale of units comprised of one share of common stock and a fraction of a warrant. Until it completes a business combination, Newbury Street Acquisition maintains its trust account and evaluates potential acquisition opportunities.
As a SPAC sponsor, Newbury Street Acquisition focuses on identifying target companies primarily within North America across sectors such as technology, consumer products, industrial services and healthcare.
Featured Stories
- Five stocks we like better than Newbury Street Acquisition
- America’s Next Power Move Starts Underground
- Your Signature Is Missing – Act Before It’s Too Late
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The biggest scam in the history of gold markets is unwinding
- URGENT: Trump Just Triggered AI’s Biggest Disruption Yet
Receive News & Ratings for Newbury Street Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newbury Street Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
