Rodgers Silicon Valley Acquisition (OTCMKTS:RSVAU) Trading Down 5.3% – Here’s What Happened

Rodgers Silicon Valley Acquisition Corp. (OTCMKTS:RSVAUGet Free Report)’s share price fell 5.3% during mid-day trading on Friday . The company traded as low as $24.18 and last traded at $24.22. 17,000 shares were traded during trading, a decline of 75% from the average session volume of 67,461 shares. The stock had previously closed at $25.58.

Rodgers Silicon Valley Acquisition Stock Performance

The stock’s 50 day simple moving average is $24.22 and its 200-day simple moving average is $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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