Newbury Street Acquisition (NASDAQ:NBST) Shares Up 10.2% – Should You Buy?

Newbury Street Acquisition Co. (NASDAQ:NBSTGet Free Report)’s share price was up 10.2% on Thursday . The company traded as high as $12.19 and last traded at $12.19. Approximately 195 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 650 shares. The stock had previously closed at $11.06.

Newbury Street Acquisition Trading Up 10.2 %

The stock has a fifty day simple moving average of $11.12 and a 200-day simple moving average of $11.00.

Newbury Street Acquisition Company Profile

(Get Free Report)

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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