Pono Capital Corp. (NASDAQ:PONO – Get Free Report)’s stock price was down 16.5% during trading on Wednesday . The company traded as low as $2.70 and last traded at $2.78. Approximately 93,725 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 90,705 shares. The stock had previously closed at $3.33.
Pono Capital Stock Performance
The company’s 50 day moving average is $1.81 and its 200-day moving average is $1.02.
Pono Capital Company Profile
Pono Capital Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, artificial intelligence, consumer healthcare and wellness, biomedical technology, entertainment/gaming, distance learning, and online retail and e-sports.
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