Spring Valley Acquisition Corp. (NASDAQ:SV – Get Free Report) rose 12.2% during mid-day trading on Wednesday . The company traded as high as $9.63 and last traded at $9.54. Approximately 7,552,300 shares were traded during mid-day trading, an increase of 1,323% from the average daily volume of 530,580 shares. The stock had previously closed at $8.50.
Spring Valley Acquisition Stock Up 12.2 %
The stock’s fifty day simple moving average is $6.73 and its 200-day simple moving average is $4.76.
About Spring Valley Acquisition
Spring Valley Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Dallas, Texas.
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