Yotta Acquisition (NASDAQ:YOTAU) Shares Down 4.9% – Should You Sell?

Yotta Acquisition Co. (NASDAQ:YOTAU) fell 4.9% during mid-day trading on Thursday . The company traded as low as $11.52 and last traded at $11.52. 5,800 shares were traded during trading, a decline of 59% from the average session volume of 14,000 shares. The stock had previously closed at $12.11.

Yotta Acquisition Price Performance

The firm’s 50-day simple moving average is $11.58 and its 200 day simple moving average is $11.53.

Yotta Acquisition Company Profile

Yotta Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus on high technology, blockchain, software and hardware, ecommerce, social media, and other general business industries worldwide.