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NWTN (NASDAQ:NWTN) Shares Gap Up - What's Next?

NWTN logo with Business Services background

NWTN Inc. (NASDAQ:NWTN - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $2.01, but opened at $2.10. NWTN shares last traded at $2.16, with a volume of 120,393 shares trading hands.

NWTN Price Performance

The firm has a 50-day moving average of $1.03 and a 200 day moving average of $0.84.

Institutional Investors Weigh In On NWTN

An institutional investor recently bought a new position in NWTN stock. Y Intercept Hong Kong Ltd acquired a new position in shares of NWTN Inc. (NASDAQ:NWTN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 179,300 shares of the company's stock, valued at approximately $126,000. Institutional investors own 0.20% of the company's stock.

About NWTN

(Get Free Report)

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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