NWTN Inc. (NASDAQ:NWTN - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $2.14, but opened at $2.07. NWTN shares last traded at $2.10, with a volume of 122,513 shares changing hands.
NWTN Trading Down 18.1%
The stock has a 50-day moving average of $0.80 and a 200 day moving average of $0.81.
Institutional Trading of NWTN
A hedge fund recently bought a new stake in NWTN stock. Y Intercept Hong Kong Ltd purchased a new stake in shares of NWTN Inc. (NASDAQ:NWTN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 179,300 shares of the company's stock, valued at approximately $126,000. 0.20% of the stock is currently owned by hedge funds and other institutional investors.
About NWTN
(
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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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