PowerUp Acquisition (NASDAQ:PWUP) Trading Up 0.6% – Still a Buy?

PowerUp Acquisition Corp. (NASDAQ:PWUPGet Free Report) shares rose 0.6% on Wednesday . The company traded as high as $11.50 and last traded at $11.50. Approximately 2,031 shares traded hands during trading, a decline of 86% from the average daily volume of 14,236 shares. The stock had previously closed at $11.43.

PowerUp Acquisition Price Performance

The firm’s 50-day simple moving average is $11.57 and its 200-day simple moving average is $11.47.

PowerUp Acquisition Company Profile

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PowerUp Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on video gaming, gaming adjacent, and metaverse businesses.

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