Worldwide Webb Acquisition Corp. (NASDAQ:WWAC – Get Free Report)’s stock price rose 31.7% on Friday . The stock traded as high as $0.74 and last traded at $0.66. Approximately 4,982,092 shares were traded during trading, an increase of 1,971% from the average daily volume of 240,515 shares. The stock had previously closed at $0.5013.
Worldwide Webb Acquisition Stock Performance
The company has a fifty day moving average price of $0.64 and a two-hundred day moving average price of $0.53.
About Worldwide Webb Acquisition
Worldwide Webb Acquisition Corp. (NASDAQ: WWAC) is a Delaware-incorporated special purpose acquisition company, or SPAC, formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company completed its initial public offering on the Nasdaq exchange, trading under the ticker symbol “WWAC,” and holds its proceeds in trust pending identification of a suitable target.
Worldwide Webb Acquisition has a broad acquisition mandate, enabling it to pursue opportunities across a range of sectors such as technology, industrials, consumer products, healthcare and financial services.
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