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

Rodgers Silicon Valley Acquisition Corp. (OTCMKTS:RSVAU)’s stock price traded down 5.3% on Wednesday . The stock traded as low as $24.18 and last traded at $24.22. 17,000 shares changed hands during mid-day 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 Trading Down 5.3%

The business’s 50 day moving average price is $24.22 and its 200-day moving average price is $24.22.

About Rodgers Silicon Valley Acquisition

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.