Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) shares fell 1.3% during trading on Wednesday . The stock traded as low as $0.45 and last traded at $0.47. 52,956 shares were traded during trading, a decline of 30% from the average session volume of 76,109 shares. The stock had previously closed at $0.48.
Northern Lights Acquisition Price Performance
The business has a 50-day simple moving average of $1.15 and a 200-day simple moving average of $1.12.
About Northern Lights Acquisition
Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.
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