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Rice Acquisition Corp. II (NYSE:RONI) Shares Down 5.5% - Should You Sell?

Rice Acquisition Corp. II logo with Financial Services background

Shares of Rice Acquisition Corp. II (NYSE:RONI - Get Free Report) were down 5.5% during mid-day trading on Wednesday . The company traded as low as $1.68 and last traded at $1.71. Approximately 711,874 shares were traded during trading, an increase of 190% from the average daily volume of 245,594 shares. The stock had previously closed at $1.81.

Rice Acquisition Corp. II Stock Down 5.5 %

The company has a 50 day moving average price of $3.41 and a 200-day moving average price of $7.68.

Rice Acquisition Corp. II Company Profile

(Get Free Report)

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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