Newbury Street Acquisition Co. (OTCMKTS:NBSTU – Get Free Report) shares were down 5.3% on Wednesday . The stock traded as low as $10.47 and last traded at $10.47. Approximately 500 shares traded hands during trading, an increase of 47% from the average daily volume of 340 shares. The stock had previously closed at $11.06.
Newbury Street Acquisition Stock Performance
The business’s 50 day moving average is $11.17 and its two-hundred day moving average is $10.95.
About Newbury Street Acquisition
Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet or media space, including sports and entertainment verticals.
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