Redwoods (NASDAQ:RWODU) Acquisition Share Price Down 4.4%

Shares of Redwoods Acquisition Corp. (NASDAQ:RWODU – Get Free Report) fell 4.4% on Friday. The company was already trading at $7.10 and last traded at $7.41. Approximately 8,884 shares changed hands during trading, an increase of 258% from average daily volume of 2,481 shares. The company’s shares had previously closed at $7.75.

Redwoods Takeover Results

The company’s 50-day moving average is $8.14 and its two-hundred-day moving average is $9.90.

Redwoods Acquisition Information

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Redwoods Acquisition Corp. does not conduct any significant activity. The Company is focused on a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more enterprises or entities. It intends to focus on companies in the carbon neutral and energy storage industries.

Redwoods Takeover Results

Redwoods Acquisition Information

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