Rice Acquisition Corp. II (NYSE:RONI) Shares Down 1% – Should You Sell?

Rice Acquisition Corp. II (NYSE:RONIGet Free Report) shares traded down 1% during trading on Wednesday . The company traded as low as $2.68 and last traded at $2.85. 1,583,868 shares changed hands during trading, an increase of 545% from the average session volume of 245,594 shares. The stock had previously closed at $2.88.

Rice Acquisition Corp. II Trading Down 1.0%

The business’s 50-day moving average price is $2.52 and its 200 day moving average price is $4.07.

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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