YHN Acquisition I (NASDAQ:YHNAU) Stock Price Down 3% – Should You Sell?

Shares of YHN Acquisition I Limited (NASDAQ:YHNAUGet Free Report) dropped 3% on Wednesday . The company traded as low as $10.83 and last traded at $10.50. Approximately 1,255 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 988 shares. The stock had previously closed at $10.83.

YHN Acquisition I Price Performance

The stock has a 50 day simple moving average of $10.82 and a two-hundred day simple moving average of $10.65.

About YHN Acquisition I

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YHN Acquisition I Inc is a special purpose acquisition company organized as a Delaware corporation that focuses on effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more companies. Listed on the Nasdaq under the ticker YHNAU, the company raises capital through a public offering of units, each consisting of ordinary shares and warrants, and holds the net proceeds in a trust account pending the identification and completion of a qualifying transaction.

The company’s management team draws on experience in investment banking, private equity and corporate finance to source and evaluate acquisition targets across a range of industries.

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