Rice Acquisition Corp. II (NYSE:RONI – Get Free Report)’s share price dropped 0.6% during mid-day trading on Friday . The stock traded as low as $1.46 and last traded at $1.54. Approximately 812,185 shares traded hands during trading, an increase of 231% from the average session volume of 245,594 shares. The stock had previously closed at $1.55.
Rice Acquisition Corp. II Stock Down 0.6%
The stock’s 50 day simple moving average is $1.81 and its 200 day simple moving average is $1.95.
About Rice Acquisition Corp. II
Rice Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the New York Stock Exchange under the ticker RONI. As a blank‐check vehicle, the company has no commercial operations of its own at present and was formed to raise capital through its initial public offering with the goal of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or other business combination.
The firm is sponsored by Rice Acquisition Partners II, a private investment group focused on identifying and structuring middle‐market transactions.
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