Blue Water Acquisition (OTCMKTS:BLUWU) Stock Price Up 6.8% – Here’s Why

Blue Water Acquisition Corp. (OTCMKTS:BLUWUGet Free Report) shares traded up 6.8% on Wednesday . The company traded as high as $10.35 and last traded at $10.35. 7,600 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 14,675 shares. The stock had previously closed at $9.69.

Blue Water Acquisition Stock Performance

The company’s 50-day moving average price is $10.35 and its 200-day moving average price is $10.35.

About Blue Water Acquisition

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Blue Water Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Greenwich, Connecticut.

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