Spring Valley Acquisition (NASDAQ:SV) Trading Down 1.4% – Here’s Why

Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report) shares were down 1.4% during mid-day trading on Thursday . The stock traded as low as $15.89 and last traded at $15.98. Approximately 9,649,062 shares were traded during trading, an increase of 1,719% from the average daily volume of 530,580 shares. The stock had previously closed at $16.21.

Spring Valley Acquisition Trading Up 15.1 %

The firm’s 50-day moving average price is $21.10 and its 200 day moving average price is $18.65.

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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