Leafly (NASDAQ:LFLY) Stock Price Down 18.5% – Should You Sell?

Leafly Holdings, Inc. (NASDAQ:LFLYGet Free Report)’s share price dropped 18.5% during trading on Monday . The company traded as low as $0.16 and last traded at $0.16. Approximately 3,507 shares changed hands during trading, a decline of 98% from the average daily volume of 177,815 shares. The stock had previously closed at $0.20.

Leafly Trading Down 18.5%

The firm has a 50-day moving average of $0.21 and a two-hundred day moving average of $0.52. The firm has a market capitalization of $511,331.00, a P/E ratio of -0.07 and a beta of 1.03.

About Leafly

(Get Free Report)

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.

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