Newborn Acquisition (OTCMKTS:NBACU) Shares Down 0.2% – Time to Sell?

Shares of Newborn Acquisition Corp. (OTCMKTS:NBACUGet Free Report) fell 0.2% during trading on Friday . The company traded as low as $18.80 and last traded at $18.80. 400 shares were traded during mid-day trading, a decline of 82% from the average session volume of 2,260 shares. The stock had previously closed at $18.84.

Newborn Acquisition Trading Down 0.2 %

The firm’s fifty day moving average price is $18.80 and its two-hundred day moving average price is $18.80.

About Newborn Acquisition

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Newborn Acquisition Corp. does not have significant operations. It intends to acquire, through a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, one or more businesses or entities operating in Asia (excluding China) and the United States.

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