Coliseum Acquisition (NASDAQ:MITAW) Shares Up 22.2% – Should You Buy?

Coliseum Acquisition Corp. (NASDAQ:MITAWGet Free Report)’s share price shot up 22.2% during mid-day trading on Tuesday . The company traded as high as $0.11 and last traded at $0.11. 16,234 shares traded hands during trading, a decline of 38% from the average session volume of 26,299 shares. The stock had previously closed at $0.09.

Coliseum Acquisition Stock Performance

The business has a 50-day moving average price of $0.05 and a 200-day moving average price of $0.05.

About Coliseum Acquisition

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Coliseum 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 2021 and is based in Las Vegas, Nevada.

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