Spring Valley Acquisition Corp. (NASDAQ:SV – Get Free Report) shares were down 5.7% during mid-day trading on Friday . The stock traded as low as $8.00 and last traded at $8.59. Approximately 4,424,984 shares were traded during trading, an increase of 734% from the average daily volume of 530,580 shares. The stock had previously closed at $9.11.
Spring Valley Acquisition Stock Performance
The firm has a 50 day moving average of $10.48 and a 200-day moving average of $6.71.
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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