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Spring Valley Acquisition (NASDAQ:SV) Trading Down 2% - Here's What Happened

Spring Valley Acquisition logo with Consumer Staples background

Spring Valley Acquisition Corp. (NASDAQ:SV - Get Free Report) shares were down 2% during trading on Wednesday . The company traded as low as $33.68 and last traded at $34.55. Approximately 17,364,099 shares traded hands during trading, an increase of 3,173% from the average daily volume of 530,580 shares. The stock had previously closed at $35.24.

Spring Valley Acquisition Stock Up 20.4%

The company has a 50-day simple moving average of $21.38 and a two-hundred day simple moving average of $21.12.

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.

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