DiamondHead (NASDAQ:DHHC) Stock Price Down 4.8% – Should You Sell?

DiamondHead Holdings Corp. (NASDAQ:DHHCGet Free Report)’s share price traded down 4.8% on Friday . The company traded as low as $2.66 and last traded at $2.77. 46,510 shares traded hands during trading, a decline of 87% from the average session volume of 350,931 shares. The stock had previously closed at $2.91.

DiamondHead Trading Down 1.4 %

The company’s 50-day moving average is $3.71 and its 200-day moving average is $5.00.

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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