Newbury Street Acquisition Co. (NASDAQ:NBST - Get Free Report)'s stock price was up 7.5% during trading on Friday . The stock traded as high as $11.09 and last traded at $11.09. Approximately 950 shares changed hands during trading, a decline of 91% from the average daily volume of 11,153 shares. The stock had previously closed at $10.32.
Newbury Street Acquisition Stock Up 7.5 %
The business's 50-day moving average is $10.64 and its two-hundred day moving average is $10.82.
Institutional Investors Weigh In On Newbury Street Acquisition
An institutional investor recently raised its position in Newbury Street Acquisition stock. Clear Street LLC grew its position in Newbury Street Acquisition Co. (NASDAQ:NBST - Free Report) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,425 shares of the company's stock after acquiring an additional 4,390 shares during the period. Clear Street LLC owned about 1.58% of Newbury Street Acquisition worth $857,000 at the end of the most recent quarter. Institutional investors own 35.91% of the company's stock.
About Newbury Street Acquisition
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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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