Spring Valley Acquisition (NASDAQ:SV) Shares Down 6.4% – What’s Next?

Shares of Spring Valley Acquisition Corp. (NASDAQ:SVGet Free Report) fell 6.4% during trading on Friday . The company traded as low as $13.78 and last traded at $14.14. 6,285,072 shares changed hands during trading, an increase of 1,085% from the average session volume of 530,580 shares. The stock had previously closed at $15.11.

Spring Valley Acquisition Trading Down 6.4 %

The stock’s fifty day moving average price is $19.55 and its 200-day moving average price is $19.54.

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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