Shares of NWTN Inc. (NASDAQ:NWTN - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $2.34, but opened at $2.14. NWTN shares last traded at $2.40, with a volume of 373,162 shares trading hands.
NWTN Stock Down 5.8%
The business has a fifty day simple moving average of $0.57 and a two-hundred day simple moving average of $0.77.
Institutional Trading of NWTN
A hedge fund recently bought a new stake in NWTN stock. Y Intercept Hong Kong Ltd purchased a new position in shares of NWTN Inc. (NASDAQ:NWTN - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 179,300 shares of the company's stock, valued at approximately $126,000. Institutional investors and hedge funds own 0.20% of the company's stock.
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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