Shares of Spring Valley Acquisition Corp. (NASDAQ:SV – Get Free Report) were up 5.3% on Wednesday . The stock traded as high as $9.71 and last traded at $9.49. 25,467,023 shares were traded during trading, an increase of 4,700% from the average daily volume of 530,580 shares. The stock had previously closed at $9.01.
Spring Valley Acquisition Price Performance
The stock’s 50-day moving average price is $9.86 and its 200-day moving average price is $12.10.
Spring Valley Acquisition Company Profile
Spring Valley Acquisition Corp. (NASDAQ: SV) is a publicly traded special purpose acquisition company (SPAC) incorporated in Delaware. The company’s primary objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Spring Valley Acquisition seeks to leverage its management team’s experience and capital resources to identify and complete a transaction that delivers value to its shareholders.
Since its initial public offering, Spring Valley Acquisition has focused on opportunities within technology, media, telecommunications and consumer sectors.
See Also
- Five stocks we like better than Spring Valley Acquisition
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
Receive News & Ratings for Spring Valley Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spring Valley Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
