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SilverBox Engaged Merger Corp I (NASDAQ:SBEA) Stock Price Down 2.7% - Here's What Happened

SilverBox Engaged Merger Corp I logo with background

Shares of SilverBox Engaged Merger Corp I (NASDAQ:SBEA - Get Free Report) were down 2.7% during mid-day trading on Monday . The company traded as low as $1.78 and last traded at $1.79. Approximately 530,478 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 1,027,737 shares. The stock had previously closed at $1.84.

SilverBox Engaged Merger Corp I Stock Performance

The stock has a 50-day simple moving average of $1.99 and a 200 day simple moving average of $2.53.

SilverBox Engaged Merger Corp I Company Profile

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SilverBox Engaged Merger Corp I, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2020 and is based in Austin, Texas.

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