Spring Valley Acquisition Corp. (NASDAQ:SV – Get Free Report) shares shot up 2.3% during trading on Friday . The stock traded as high as $16.60 and last traded at $15.44. 7,446,811 shares traded hands during mid-day trading, an increase of 1,304% from the average session volume of 530,580 shares. The stock had previously closed at $15.09.
Spring Valley Acquisition Price Performance
The company’s 50-day moving average is $16.32 and its 200 day moving average is $19.95.
About Spring Valley Acquisition
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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