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Distoken Acquisition (NASDAQ:DIST) Trading 42.1% Higher - Here's Why

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Shares of Distoken Acquisition Corporation (NASDAQ:DIST - Get Free Report) traded up 42.1% on Wednesday . The company traded as high as $32.66 and last traded at $28.00. 144,300 shares changed hands during trading, an increase of 749% from the average session volume of 16,990 shares. The stock had previously closed at $19.70.

Distoken Acquisition Price Performance

The business's 50 day moving average is $18.46 and its 200-day moving average is $13.79.

Distoken Acquisition Company Profile

(Get Free Report)

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.

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