Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report) was down 1.1% on Friday . The company traded as low as $0.22 and last traded at $0.2340. 832,257 shares traded hands during mid-day trading, an increase of 994% from the average session volume of 76,109 shares. The stock had previously closed at $0.2366.
Northern Lights Acquisition Price Performance
The firm has a 50 day moving average of $0.52 and a 200-day moving average of $0.87.
Northern Lights Acquisition Company Profile
Northern Lights Acquisition Corp. (NASDAQ: NLIT) is a Delaware-based special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition or other business combination with one or more businesses. As a blank‐check company, Northern Lights Acquisition seeks to leverage public markets to provide private companies with an efficient route to capital and liquidity. The company’s shares trade on the Nasdaq Stock Market under the symbol NLIT, reflecting its listing as a publicly traded vehicle dedicated to identifying and partnering with high‐growth businesses.
The company was incorporated in mid-2020 and launched its initial public offering later that year.
Featured Stories
- Five stocks we like better than Northern Lights Acquisition
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
- 3 Waste Stocks Turning AI Investments into Growth
Receive News & Ratings for Northern Lights Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Lights Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
