Shares of Pono Capital Corp. (NASDAQ:PONO – Get Free Report) traded down 8% during mid-day trading on Monday . The company traded as low as $0.46 and last traded at $0.46. 13,321 shares were traded during trading, a decline of 85% from the average session volume of 90,705 shares. The stock had previously closed at $0.50.
Pono Capital Stock Down 29.8 %
The firm has a 50 day moving average price of $3.62 and a 200 day moving average price of $2.24.
About Pono Capital
Pono Capital 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 identify business opportunities in the field of enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, artificial intelligence, consumer healthcare and wellness, biomedical technology, entertainment/gaming, distance learning, and online retail and e-sports.
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