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Spring Valley Acquisition (NASDAQ:SV) Shares Down 2.5% - Time to Sell?

Spring Valley Acquisition logo with Consumer Staples background

Spring Valley Acquisition Corp. (NASDAQ:SV - Get Free Report) dropped 2.5% on Thursday . The company traded as low as $35.01 and last traded at $35.21. Approximately 8,222,730 shares were traded during mid-day trading, an increase of 1,450% from the average daily volume of 530,580 shares. The stock had previously closed at $36.12.

Spring Valley Acquisition Stock Up 1.9%

The business has a 50 day moving average price of $30.01 and a two-hundred day moving average price of $22.84.

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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