Miluna Acquisition Corp Units (NASDAQ:MMTXU) Shares Up 1% – Here’s Why

Miluna Acquisition Corp Units (NASDAQ:MMTXU – Get Free Report) shot up 1% during trading on Friday. The company traded as high as $10.70 and last traded at $10.2550. Approximately 704 shares changed hands during trading, a decline of 91% from the average daily volume of 7,826 shares. The stock had previously closed at $10.15.

Miluna Acquisition Corp Units Trading Up 1.0%

The firm’s fifty day simple moving average is $10.32 and its two-hundred day simple moving average is $10.24.

About Miluna Acquisition Corp Units

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Miluna Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. The company does not conduct significant commercial operations of its own and was established to raise capital through a public offering and place those funds in a trust account while it searches for a target.

Its publicly traded units, listed on Nasdaq under the symbol MMTXU, represent a bundled security consisting of common stock and related warrant interests.

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