DiamondHead (NASDAQ:DHHC) Shares Down 3.5% – What’s Next?

DiamondHead Holdings Corp. (NASDAQ:DHHCGet Free Report) was down 3.5% during trading on Wednesday . The company traded as low as $4.00 and last traded at $4.09. Approximately 51,502 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 350,931 shares. The stock had previously closed at $4.24.

DiamondHead Price Performance

The stock’s 50-day moving average price is $4.27 and its 200 day moving average price is $5.69.

About DiamondHead

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DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

Further Reading

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