Free Trial

NWTN (NASDAQ:NWTN) Shares Down 5.1% - Here's Why

NWTN logo with Business Services background

NWTN Inc. (NASDAQ:NWTN - Get Free Report)'s share price fell 5.1% on Monday . The stock traded as low as $1.60 and last traded at $1.68. 76,930 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 539,200 shares. The stock had previously closed at $1.77.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised NWTN to a "hold" rating in a research report on Friday, June 27th.

View Our Latest Analysis on NWTN

NWTN Stock Up 13.1%

The company has a 50 day moving average of $1.63 and a 200 day moving average of $0.93.

NWTN Company Profile

(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.

See Also

Should You Invest $1,000 in NWTN Right Now?

Before you consider NWTN, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NWTN wasn't on the list.

While NWTN currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines