Newbury Street Acquisition (OTCMKTS:NBSTU) Trading Down 1.8% – Should You Sell?

Newbury Street Acquisition Co. (OTCMKTS:NBSTUGet Free Report) traded down 1.8% during trading on Tuesday . The stock traded as low as $10.52 and last traded at $10.52. 2,638 shares traded hands during mid-day trading, an increase of 241% from the average session volume of 774 shares. The stock had previously closed at $10.71.

Newbury Street Acquisition Stock Performance

The business’s 50-day moving average is $10.55 and its two-hundred day moving average is $10.84.

About Newbury Street Acquisition

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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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