Shares of Blue Water Acquisition Corp. (OTCMKTS:BLUWU – Get Free Report) were up 6.8% during mid-day trading on Tuesday . The stock traded as high as $10.35 and last traded at $10.35. Approximately 7,600 shares traded hands during trading, a decline of 48% from the average daily volume of 14,675 shares. The stock had previously closed at $9.69.
Blue Water Acquisition Stock Performance
The firm’s 50 day moving average price is $10.35 and its 200-day moving average price is $10.35.
About Blue Water Acquisition
Blue Water Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Greenwich, Connecticut.
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