Worldwide Webb Acquisition (NASDAQ:WWAC) Stock Price Up 1.7% – Still a Buy?

Worldwide Webb Acquisition Corp. (NASDAQ:WWACGet Free Report) shares traded up 1.7% on Friday . The stock traded as high as $0.5641 and last traded at $0.5475. 69,119 shares were traded during trading, a decline of 71% from the average session volume of 240,515 shares. The stock had previously closed at $0.5382.

Worldwide Webb Acquisition Price Performance

The company’s 50-day simple moving average is $0.58 and its 200 day simple moving average is $0.73.

About Worldwide Webb Acquisition

(Get Free Report)

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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