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SilverBox Engaged Merger Corp I (NASDAQ:SBEA) Trading 2.6% Higher - Here's Why

SilverBox Engaged Merger Corp I logo with background

SilverBox Engaged Merger Corp I (NASDAQ:SBEA - Get Free Report)'s share price traded up 2.6% during trading on Friday . The stock traded as high as $1.65 and last traded at $1.57. 1,397,233 shares were traded during mid-day trading, an increase of 36% from the average session volume of 1,027,737 shares. The stock had previously closed at $1.53.

SilverBox Engaged Merger Corp I Stock Performance

The business's 50 day moving average price is $2.10 and its 200 day moving average price is $2.89.

About SilverBox Engaged Merger Corp I

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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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