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Spring Valley Acquisition (NASDAQ:SV) Trading Down 1.7% - What's Next?

Spring Valley Acquisition logo with Consumer Staples background

Key Points

  • Spring Valley Acquisition Corp. (NASDAQ:SV) experienced a stock price decline of 1.7%, trading between $33.82 and $33.95 on Tuesday.
  • The trading volume significantly increased, with approximately 10.3 million shares changing hands, marking a 1,833% rise from its average daily volume.
  • Spring Valley Acquisition, incorporated in 2020, currently has no significant operations and plans to pursue various forms of business combinations.
  • MarketBeat previews the top five stocks to own by November 1st.

Spring Valley Acquisition Corp. (NASDAQ:SV - Get Free Report) shares traded down 1.7% during mid-day trading on Tuesday . The stock traded as low as $33.82 and last traded at $33.95. 10,257,119 shares traded hands during trading, an increase of 1,833% from the average session volume of 530,580 shares. The stock had previously closed at $34.53.

Spring Valley Acquisition Stock Performance

The firm has a 50 day moving average price of $40.08 and a 200-day moving average price of $29.12.

About Spring Valley Acquisition

(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.

Further Reading

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