Shares of NWTN Inc. (NASDAQ:NWTN - Get Free Report) rose 4.8% during trading on Thursday . The stock traded as high as $1.90 and last traded at $1.97. Approximately 248,019 shares traded hands during trading, a decline of 53% from the average daily volume of 531,382 shares. The stock had previously closed at $1.88.
NWTN Price Performance
The business has a fifty day moving average of $0.94 and a 200-day moving average of $0.83.
Hedge Funds Weigh In On NWTN
A hedge fund recently bought a new stake in NWTN stock. Y Intercept Hong Kong Ltd bought a new position in shares of NWTN Inc. (NASDAQ:NWTN - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 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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