Worldwide Webb Acquisition (NASDAQ:WWAC) Stock Price Up 3.7% – Here’s Why

Worldwide Webb Acquisition Corp. (NASDAQ:WWACGet Free Report) was up 3.7% on Tuesday . The company traded as high as $0.92 and last traded at $0.81. Approximately 75,349 shares changed hands during trading, a decline of 69% from the average daily volume of 240,515 shares. The stock had previously closed at $0.78.

Worldwide Webb Acquisition Stock Performance

The business’s 50-day simple moving average is $0.98 and its 200 day simple moving average is $1.76.

Worldwide Webb Acquisition Company Profile

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Worldwide Webb 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 identify business opportunities in the field of direct-to-consumer brands, amazon-centric, online marketplace, food tech, new media, digital health, software-as-a-service, fintech, and others.

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