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Spring Valley Acquisition (NASDAQ:SV) Trading Down 1.3% - Here's What Happened

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Shares of Spring Valley Acquisition Corp. (NASDAQ:SV - Get Free Report) fell 1.3% during trading on Monday . The stock traded as low as $34.43 and last traded at $35.47. 9,087,444 shares changed hands during mid-day trading, an increase of 1,613% from the average session volume of 530,580 shares. The stock had previously closed at $35.93.

Spring Valley Acquisition Stock Up 4.6%

The company's 50 day simple moving average is $40.93 and its 200 day simple moving average is $27.71.

About Spring Valley Acquisition

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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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