Moringa Acquisition (OTCMKTS:MACAU) Stock Price Down 17.5% – Here’s Why

Moringa Acquisition Corp (OTCMKTS:MACAUGet Free Report) traded down 17.5% on Tuesday . The stock traded as low as $9.90 and last traded at $9.90. 4,700 shares were traded during mid-day trading, an increase of 31% from the average session volume of 3,581 shares. The stock had previously closed at $12.00.

Moringa Acquisition Stock Down 17.5%

The firm has a 50 day moving average of $9.90 and a two-hundred day moving average of $9.90.

About Moringa Acquisition

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Moringa Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company focuses on pursuing opportunities in technology-based businesses or industries in Israel.

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