Shares of Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) traded up 2.6% during mid-day trading on Thursday . The stock traded as high as $0.56 and last traded at $0.56. 9,662 shares were traded during mid-day trading, a decline of 87% from the average session volume of 76,109 shares. The stock had previously closed at $0.54.
Northern Lights Acquisition Price Performance
The company has a 50-day moving average of $1.08 and a 200-day moving average of $1.56.
Northern Lights Acquisition Company Profile
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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