Bellevue Life Sciences Acquisition Corp. (NASDAQ:BLAC – Get Free Report) rose 2.5% on Thursday . The stock traded as high as $0.5999 and last traded at $0.5730. Approximately 677,364 shares changed hands during trading, an increase of 2,894% from the average daily volume of 22,626 shares. The stock had previously closed at $0.5591.
Bellevue Life Sciences Acquisition Stock Performance
The stock’s 50-day simple moving average is $0.67 and its 200 day simple moving average is $0.67.
Bellevue Life Sciences Acquisition Company Profile
Bellevue Life Sciences Acquisition Corp. (NASDAQ: BLAC) is a special purpose acquisition company organized as a Delaware corporation. The company completed its initial public offering in 2021, raising gross proceeds to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more life sciences businesses.
BLAC’s principal activity is to identify and complete a business combination with a target operating company in the life sciences sector.
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