Shares of Jowell Global Ltd. (NASDAQ:JWEL – Get Free Report) fell 0.5% on Tuesday . The company traded as low as $2.09 and last traded at $2.14. Approximately 53,659 shares were traded during trading, a decline of 30% from the average session volume of 76,676 shares. The stock had previously closed at $2.15.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Jowell Global in a report on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
Get Our Latest Analysis on Jowell Global
Jowell Global Stock Down 0.5%
About Jowell Global
Jowell Global Limited is a Cayman Islands exempted special purpose acquisition company (“SPAC”) formed to effect a merger, capital stock exchange, asset acquisition or similar business combination with one or more private businesses. The company has no commercial operations of its own and holds its funds in trust pending the completion of an initial business combination.
Since its formation, Jowell Global has targeted opportunities in the technology, consumer and healthcare sectors, with a particular focus on companies operating in Greater China and North America.
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