Northern Lights Acquisition (NASDAQ:NLIT) Stock Price Up 4.5% – Time to Buy?

Northern Lights Acquisition Corp. (NASDAQ:NLITGet Free Report)’s stock price traded up 4.5% during mid-day trading on Thursday . The stock traded as high as $2.52 and last traded at $2.32. 49,270 shares changed hands during trading, a decline of 35% from the average session volume of 76,109 shares. The stock had previously closed at $2.22.

Northern Lights Acquisition Stock Up 4.5 %

The firm’s 50-day moving average is $1.22 and its 200 day moving average is $1.11.

Northern Lights Acquisition Company Profile

(Get Free Report)

Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.

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