Canna-Global Acquisition (NASDAQ:CNGL) Trading Up 5.2% – Still a Buy?

Shares of Canna-Global Acquisition Corp (NASDAQ:CNGLGet Free Report) rose 5.2% on Tuesday . The company traded as high as $10.74 and last traded at $10.74. Approximately 205 shares were traded during trading, a decline of 100% from the average daily volume of 112,350 shares. The stock had previously closed at $10.21.

Canna-Global Acquisition Stock Up 5.2 %

The business’s 50 day moving average is $10.27 and its 200-day moving average is $10.63.

About Canna-Global Acquisition

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Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.

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