Yotta Acquisition Co. (NASDAQ:YOTAU – Get Free Report) shares traded up 21.8% during trading on Friday . The stock traded as high as $13.99 and last traded at $13.99. 319 shares were traded during mid-day trading, a decline of 97% from the average session volume of 10,525 shares. The stock had previously closed at $11.49.
Yotta Acquisition Trading Up 21.8%
The firm’s 50 day simple moving average is $10.09 and its two-hundred day simple moving average is $10.04.
About Yotta Acquisition
Yotta Acquisition Corporation is a Delaware-incorporated special purpose acquisition company (SPAC) formed in June 2021. The company’s sole purpose is to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Upon completion of its IPO, Yotta Acquisition listed its units on the Nasdaq Capital Market under the ticker symbol “YOTAU.” The proceeds from its public offering are held in a trust account until the company identifies a suitable target business for a business combination.
See Also
- Five stocks we like better than Yotta Acquisition
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Yotta Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yotta Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
