Worldwide Webb Acquisition Corp. (NASDAQ:WWAC – Get Free Report) shares were down 2.5% during trading on Thursday . The stock traded as low as $0.5401 and last traded at $0.5750. Approximately 96,970 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 240,515 shares. The stock had previously closed at $0.5898.
Worldwide Webb Acquisition Price Performance
The firm has a 50-day moving average price of $0.61 and a two-hundred day moving average price of $0.77.
Worldwide Webb Acquisition Company Profile
Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) is a Delaware-incorporated special purpose acquisition company, or SPAC, formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company completed its initial public offering on the Nasdaq exchange, trading under the ticker symbol “WWAC,” and holds its proceeds in trust pending identification of a suitable target.
Worldwide Webb Acquisition has a broad acquisition mandate, enabling it to pursue opportunities across a range of sectors such as technology, industrials, consumer products, healthcare and financial services.
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