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Spring Valley Acquisition (NASDAQ:SV) Shares Up 14.7% - Here's What Happened

Spring Valley Acquisition logo with Consumer Staples background

Spring Valley Acquisition Corp. (NASDAQ:SV - Get Free Report) shot up 14.7% during mid-day trading on Tuesday . The company traded as high as $46.40 and last traded at $45.02. 30,071,283 shares were traded during mid-day trading, an increase of 5,568% from the average session volume of 530,580 shares. The stock had previously closed at $39.24.

Spring Valley Acquisition Stock Up 14.7%

The firm's 50 day moving average is $38.01 and its two-hundred day moving average is $32.47.

Spring Valley Acquisition Company Profile

(Get Free Report)

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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