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Why New Providence Acquisition Stock Fell 15.7% in March

TheMotleyFool

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Why New Providence Acquisition Stock Fell 15.7% in March

Shares of New Providence Acquisition (NASDAQ: NPA) dipped 15.7% in March, according to data from S&P Global Market Intelligence. Last month saw substantial stock sell-offs for many special purpose acquisition companies (SPACs), and New Providence was among those that suffered a double-digit pullback.