Biotech Acquisition (OTCMKTS:BIOTU) Shares Down 7.7% – Here’s Why

Shares of Biotech Acquisition (OTCMKTS:BIOTUGet Free Report) were down 7.7% during mid-day trading on Monday . The company traded as low as $10.14 and last traded at $10.14. Approximately 1,300 shares traded hands during trading, a decline of 71% from the average daily volume of 4,444 shares. The stock had previously closed at $10.98.

Biotech Acquisition Trading Down 7.7 %

The company has a fifty day moving average of $10.14 and a two-hundred day moving average of $10.14.

About Biotech Acquisition

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Biotech Acquisition Company does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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