The stock dropped 4.6% in mid-day trading Wednesday. The stock was as low as $13.35 and as high as $14.65. A total of 2,200 shares were traded during the trading session, which is a 73% decrease from the daily average of 8,258. The stock closed previously at $14.00.
New Providence Acquisition Stock Performance
The company's 200-day moving price is 13.35, and its 50-day moving price is 13.35.
New Providence Acquisition
New Providence Acquisition Corp. is focused on forming a merger, a capital stock exchange with another company, an asset purchase, reorganization or other similar business combinations. It plans to be involved in the space-based broadband network business. The company was founded in Austin, Texas in 2019.
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