Bellevue Life Sciences Acquisition (NASDAQ:BLAC) Trading Down 2.3% – Here’s Why

Shares of Bellevue Life Sciences Acquisition Corp. (NASDAQ:BLACGet Free Report) dropped 2.3% on Wednesday . The company traded as low as $1.25 and last traded at $1.28. Approximately 204,503 shares traded hands during mid-day trading, an increase of 871% from the average daily volume of 21,069 shares. The stock had previously closed at $1.31.

Bellevue Life Sciences Acquisition Stock Down 2.3%

The stock has a fifty day simple moving average of $1.34 and a two-hundred day simple moving average of $4.91.

Bellevue Life Sciences Acquisition Company Profile

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Bellevue Life Sciences Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities in the healthcare industry. The company was incorporated in 2020 and is based in Bellevue, Washington.

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