Rice Acquisition Corp. II (NYSE:RONI – Get Free Report) shares fell 2.6% during trading on Friday . The stock traded as low as $1.84 and last traded at $1.85. 727,182 shares changed hands during trading, an increase of 196% from the average session volume of 245,594 shares. The stock had previously closed at $1.90.
Rice Acquisition Corp. II Price Performance
The stock’s 50-day moving average price is $1.82 and its 200 day moving average price is $2.15.
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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