Shares of Spring Valley Acquisition Corp. (NASDAQ:SV – Get Free Report) were down 4.5% during mid-day trading on Wednesday . The company traded as low as $21.71 and last traded at $22.04. Approximately 10,860,719 shares changed hands during trading, an increase of 1,947% from the average daily volume of 530,580 shares. The stock had previously closed at $23.08.
Spring Valley Acquisition Stock Performance
The stock has a 50-day simple moving average of $22.03 and a 200-day simple moving average of $17.71.
Spring Valley Acquisition Company Profile
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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