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DiamondHead (NASDAQ:DHHC) Stock Price Down 3.7% - Should You Sell?

DiamondHead logo with background

DiamondHead Holdings Corp. (NASDAQ:DHHC - Get Free Report)'s share price dropped 3.7% during mid-day trading on Tuesday . The stock traded as low as $1.79 and last traded at $1.80. Approximately 411,361 shares were traded during trading, an increase of 17% from the average daily volume of 350,931 shares. The stock had previously closed at $1.87.

DiamondHead Trading Up 8.8%

The company's 50 day simple moving average is $2.37 and its 200-day simple moving average is $3.89.

DiamondHead Company Profile

(Get Free Report)

DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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