Rodgers Silicon Valley Acquisition (OTCMKTS:RSVAU) Shares Down 5.3% – Here’s Why

Shares of Rodgers Silicon Valley Acquisition Corp. (OTCMKTS:RSVAUGet Free Report) were down 5.3% during mid-day trading on Tuesday . The stock traded as low as $24.18 and last traded at $24.22. Approximately 17,000 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 67,461 shares. The stock had previously closed at $25.58.

Rodgers Silicon Valley Acquisition Stock Performance

The firm has a 50 day simple moving average of $24.22 and a two-hundred day simple moving average of $24.22.

About Rodgers Silicon Valley Acquisition

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Rodgers Silicon Valley Acquisition Corp. intends to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Woodside, California.

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