Shares of New Providence Acquisition Corp. (OTCMKTS:NPAUU – Get Free Report) traded down 4.6% during trading on Tuesday . The company traded as low as $12.65 and last traded at $13.35. 2,200 shares were traded during trading, a decline of 73% from the average session volume of 8,258 shares. The stock had previously closed at $14.00.
New Providence Acquisition Stock Performance
The firm’s 50-day moving average is $13.35 and its two-hundred day moving average is $13.35.
New Providence Acquisition Company Profile
New Providence Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to engage in the business of space-based cellular broadband network. The company was incorporated in 2019 and is based in Austin, Texas.
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