SilverBox Engaged Merger Corp I (NASDAQ:SBEA) Trading Down 1.2% – Time to Sell?

Shares of SilverBox Engaged Merger Corp I (NASDAQ:SBEAGet Free Report) fell 1.2% on Monday . The company traded as low as $2.50 and last traded at $2.53. 539,260 shares traded hands during trading, a decline of 48% from the average session volume of 1,027,737 shares. The stock had previously closed at $2.56.

SilverBox Engaged Merger Corp I Stock Performance

The stock has a 50 day moving average of $3.15 and a 200-day moving average of $3.87.

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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