Rice Acquisition Corp. II (NYSE:RONI) Shares Up 8.3% - What's Next?

Key Points

• Rice Acquisition Corp. II shares surged by 8.3% on Monday, reaching a high of $3.64 and closing at $3.38, significantly up from the previous close of $3.12.
• Trading volume experienced an 862% increase compared to its average, with 2,362,295 shares exchanged during the session.
• The company, incorporated in 2021, currently has no significant operations and aims to effect mergers or similar business combinations.

Rice Acquisition Corp. II (NYSE:RONI - ) shares shot up 8.3% during trading on Monday . The company traded as high as $3.64 and last traded at $3.38. 2,362,295 shares changed hands during trading, an increase of 862% from the average session volume of 245,594 shares. The stock had previously closed at $3.12.

Rice Acquisition Corp. II Stock Performance

The business has a 50-day moving average of $2.60 and a two-hundred day moving average of $2.42.

About Rice Acquisition Corp. II

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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