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Newbury Street Acquisition (NASDAQ:NBST) Shares Up 60.1% - What's Next?

Newbury Street Acquisition logo with background

Key Points

  • Newbury Street Acquisition's stock price surged 60.1% on Friday, reaching $20.00 after closing at $12.49 the previous day.
  • The company, which currently has no significant operations, plans to pursue a merger or business combination in the technology sector focusing on consumer internet and media.
  • Trading volume was 200 shares during mid-day, significantly lower than the average of 414 shares, indicating reduced trading activity.
  • MarketBeat previews the top five stocks to own by October 1st.

Newbury Street Acquisition Co. (NASDAQ:NBST - Get Free Report)'s stock price shot up 60.1% on Friday . The company traded as high as $20.00 and last traded at $20.00. 200 shares traded hands during trading, a decline of 52% from the average session volume of 414 shares. The stock had previously closed at $12.49.

Newbury Street Acquisition Stock Performance

The business's 50-day simple moving average is $13.24 and its two-hundred day simple moving average is $12.00.

Newbury Street Acquisition Company Profile

(Get Free Report)

Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet or media space, including sports and entertainment verticals.

See Also

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