Fifth Wall Acquisition Corp. III (NASDAQ:FWAC) Trading Down 6.1% – Here’s Why

Fifth Wall Acquisition Corp. III (NASDAQ:FWACGet Free Report) traded down 6.1% during mid-day trading on Tuesday . The stock traded as low as $3.07 and last traded at $3.07. 79,854 shares traded hands during trading, a decline of 23% from the average session volume of 103,540 shares. The stock had previously closed at $3.27.

Fifth Wall Acquisition Corp. III Stock Down 6.1 %

The business’s fifty day simple moving average is $4.03 and its 200 day simple moving average is $3.59.

Fifth Wall Acquisition Corp. III Company Profile

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Fifth Wall Acquisition Corp. III does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire business in the real estate industry.

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