NightDragon Acquisition (NASDAQ:NDACU) Trading Down 0.3%

NightDragon Acquisition Corp. (NASDAQ:NDACUGet Rating) traded down 0.3% during mid-day trading on Friday . The stock traded as low as $9.81 and last traded at $9.81. 140 shares traded hands during trading, a decline of 97% from the average session volume of 4,982 shares. The stock had previously closed at $9.84.

NightDragon Acquisition Stock Performance

The stock has a 50-day simple moving average of $9.81 and a 200-day simple moving average of $9.83.

Hedge Funds Weigh In On NightDragon Acquisition

A number of hedge funds have recently modified their holdings of the stock. Spartan Fund Management Inc. purchased a new stake in shares of NightDragon Acquisition in the first quarter valued at $1,943,000. Clear Street LLC acquired a new position in NightDragon Acquisition in the first quarter worth approximately $30,000. Finally, Parallax Volatility Advisers L.P. bought a new stake in shares of NightDragon Acquisition during the 4th quarter worth about $576,000.

NightDragon Acquisition Company Profile

(Get Rating)

NightDragon Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of cybersecurity, safety, security, and privacy sectors.

Further Reading

Want More Great Investing Ideas?

Receive News & Ratings for NightDragon Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NightDragon Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.