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DiamondHead (NASDAQ:DHHC) Shares Down 7.5% - Here's What Happened

DiamondHead logo with Construction background

Shares of DiamondHead Holdings Corp. (NASDAQ:DHHC - Get Free Report) were down 7.5% on Wednesday . The stock traded as low as $3.63 and last traded at $3.68. Approximately 152,198 shares changed hands during trading, a decline of 57% from the average daily volume of 350,931 shares. The stock had previously closed at $3.98.

DiamondHead Stock Down 1.9%

The stock has a fifty day moving average of $2.37 and a 200-day moving average of $3.61.

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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