Rice Acquisition Corp. II (NYSE:RONI) Stock Price Up 2% – Here’s Why

Rice Acquisition Corp. II (NYSE:RONIGet Free Report)’s share price rose 2% during mid-day trading on Friday . The company traded as high as $8.20 and last traded at $8.16. Approximately 428,092 shares were traded during mid-day trading, an increase of 74% from the average daily volume of 245,594 shares. The stock had previously closed at $8.00.

Rice Acquisition Corp. II Price Performance

The stock’s 50 day moving average is $9.37 and its 200-day moving average is $9.31.

About Rice Acquisition Corp. II

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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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