Northern Lights Acquisition Corp. (NASDAQ:NLIT – Get Free Report)’s stock price fell 4% on Thursday . The stock traded as low as $0.36 and last traded at $0.36. 45,589 shares were traded during mid-day trading, a decline of 40% from the average session volume of 76,109 shares. The stock had previously closed at $0.37.
Northern Lights Acquisition Price Performance
The firm’s 50 day moving average price is $1.68 and its two-hundred day moving average price is $1.15.
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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