SilverBox Engaged Merger Corp I (NASDAQ:SBEA) Shares Down 2.7% – Time to Sell?

SilverBox Engaged Merger Corp I (NASDAQ:SBEAGet Free Report)’s share price fell 2.7% during mid-day trading on Monday . The stock traded as low as $1.78 and last traded at $1.79. 530,478 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 1,027,737 shares. The stock had previously closed at $1.84.

SilverBox Engaged Merger Corp I Stock Performance

The stock’s 50-day moving average is $2.02 and its 200-day moving average is $2.56.

About SilverBox Engaged Merger Corp I

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SilverBox Engaged Merger Corp I, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2020 and is based in Austin, Texas.

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