Spring Valley Acquisition (NASDAQ:SV) Trading Down 5.4%

Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report) was down 5.4% on Monday . The company traded as low as $8.17 and last traded at $8.20. Approximately 1,856,899 shares were traded during trading, an increase of 250% from the average daily volume of 530,580 shares. The stock had previously closed at $8.67.

Spring Valley Acquisition Stock Performance

The stock has a 50 day moving average price of $10.69 and a two-hundred day moving average price of $7.46.

Spring Valley Acquisition Company Profile

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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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