Shares of Newbury Street Acquisition Co. (OTCMKTS:NBSTU – Get Free Report) shot up 8.3% during trading on Friday . The company traded as high as $11.39 and last traded at $11.39. 200 shares traded hands during trading, an increase of 33% from the average session volume of 150 shares. The stock had previously closed at $10.52.
Newbury Street Acquisition Trading Up 8.3 %
The stock’s 50-day simple moving average is $10.97 and its 200 day simple moving average is $10.73.
Newbury Street Acquisition Company Profile
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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