DIST Stock Summary and Trading Ideas (Distoken Acquisition - | NASDAQ:DIST)

Distoken Acquisition Corp is a blank check company.

Distoken Acquisition - trades on the NASDAQ stock market under the symbol DIST.

As of December 13, 2024, DIST stock price was flat at $11.35 with 1 million shares trading.

DIST has a market cap of $36.32 million. This is considered a Sub-Micro Cap stock.

DIST has underperformed the market in the last year with a price return of +7.2% while the SPY ETF gained +29.9%. DIST has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.5% and -0.2%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

DIST support price is $11.23 and resistance is $11.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DIST shares will trade within this expected range on the day.