Newbury Street Acquisition Co. (OTCMKTS:NBSTU – Get Free Report) shares rose 8.3% on Friday . The company traded as high as $11.39 and last traded at $11.39. Approximately 200 shares traded hands during trading, an increase of 33% from the average daily volume of 150 shares. The stock had previously closed at $10.52.
Newbury Street Acquisition Price Performance
The stock has a 50 day moving average of $10.97 and a 200 day moving average of $10.73.
About Newbury Street Acquisition
Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet or media space, including sports and entertainment verticals.
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