Rice Acquisition Corp. II (NYSE:RONI) Shares Down 4.8% – Here’s Why

Shares of Rice Acquisition Corp. II (NYSE:RONIGet Free Report) traded down 4.8% on Wednesday . The stock traded as low as $10.33 and last traded at $10.40. 562,027 shares traded hands during mid-day trading, an increase of 129% from the average session volume of 245,594 shares. The stock had previously closed at $10.92.

Rice Acquisition Corp. II Trading Down 4.8 %

The stock’s fifty day moving average is $10.99 and its two-hundred day moving average is $9.47.

Rice Acquisition Corp. II Company Profile

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Rice Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Rice Acquisition Corp. II was incorporated in 2021 and is based in Carnegie, Pennsylvania.

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