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DiamondHead (NASDAQ:DHHC) Trading Down 3.5% - Here's Why

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DiamondHead Holdings Corp. (NASDAQ:DHHC - Get Free Report) was down 3.5% during trading on Wednesday . The company traded as low as $4.00 and last traded at $4.09. Approximately 51,502 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 350,931 shares. The stock had previously closed at $4.24.

DiamondHead Stock Down 4.1 %

The business's fifty day moving average is $4.26 and its 200 day moving average is $5.67.

About DiamondHead

(Get Free Report)

DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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