Distoken Acquisition (NASDAQ:DIST) Trading 42.1% Higher - What's Next?

Distoken Acquisition Co. (NASDAQ:DIST - Get Free Report) shares traded up 42.1% during trading on Friday . The company traded as high as $32.66 and last traded at $28.00. 144,300 shares traded hands during mid-day trading, an increase of 765% from the average session volume of 16,681 shares. The stock had previously closed at $19.70.Get Distoken Acquisition alerts:Distoken Acquisition Price PerformanceThe business has a 50-day simple moving average of $12.53 and a 200 day simple moving average of $11.71. About Distoken Acquisition (Get Free Report)Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.See AlsoFive stocks we like better than Distoken Acquisition3 Grocery Stocks That Are Proving They Are Still Essential IBM Up 10 Days in a Row: What’s Driving the Winning Streak?High Flyers: 3 Natural Gas Stocks for March 2022Upstart Stock’s Bull Case Just Got a Lot StrongerREIT Stocks - Best REIT Stocks to Add to Your Portfolio TodayHigher Gulf Oil Output Puts These Energy Names in PlayThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Distoken Acquisition Right Now?Before you consider Distoken Acquisition, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Distoken Acquisition wasn't on the list.While Distoken Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here