Northern Lights Acquisition Corp. (NASDAQ:NLIT - Get Free Report) was down 1.6% during trading on Friday . The company traded as low as $7.20 and last traded at $7.29. Approximately 71,162 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 76,109 shares. The stock had previously closed at $7.41.
Northern Lights Acquisition Price Performance
The business has a 50 day moving average of $3.59 and a 200 day moving average of $3.00.
About Northern Lights Acquisition
(
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Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.
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