Rice Acquisition Corp. II (NYSE:RONI – Get Free Report)’s share price traded up 4% during mid-day trading on Friday . The company traded as high as $1.84 and last traded at $1.82. 335,512 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 245,594 shares. The stock had previously closed at $1.75.
Rice Acquisition Corp. II Price Performance
The business’s 50-day simple moving average is $1.66 and its 200-day simple moving average is $1.74.
About Rice Acquisition Corp. II
Rice Acquisition Corp. II (NYSE: RONI) was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company in the energy transition, decarbonization, and sustainability sectors. As a SPAC, Rice Acquisition Corp. II did not operate a substantial commercial business, manufacture products, or provide services of its own before completing an acquisition.
The company was sponsored by Rice Investment Group, an investment platform focused on energy and infrastructure.
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