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DiamondHead (NASDAQ:DHHC) Trading Down 4.8% - What's Next?

DiamondHead logo with background

Shares of DiamondHead Holdings Corp. (NASDAQ:DHHC - Get Free Report) dropped 4.8% on Friday . The company traded as low as $2.66 and last traded at $2.77. Approximately 46,510 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 350,931 shares. The stock had previously closed at $2.91.

DiamondHead Price Performance

The company has a 50 day simple moving average of $3.61 and a 200-day simple moving average of $4.95.

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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