Shares of NWTN Inc. (NASDAQ:NWTN - Get Free Report) dropped 9.6% on Monday . The company traded as low as $0.37 and last traded at $0.38. Approximately 10,378 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 269,444 shares. The stock had previously closed at $0.42.
NWTN Stock Performance
The company has a 50-day simple moving average of $0.46 and a two-hundred day simple moving average of $0.75.
Institutional Trading of NWTN
An institutional investor recently bought a new position in NWTN stock. Y Intercept Hong Kong Ltd bought a new stake in NWTN Inc. (NASDAQ:NWTN - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 179,300 shares of the company's stock, valued at approximately $126,000. 0.20% of the stock is owned by institutional investors.
NWTN Company Profile
(
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NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.
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