Rice Acquisition Corp. II (NYSE:RONI – Get Free Report)’s stock price traded up 0.8% during trading on Friday. The company traded as high as $1.27 and last traded at $1.24. Approximately 591,823 shares traded hands during mid-day trading, an increase of 141% from the average session volume of 245,594 shares. The stock had previously closed at $1.23.
Rice Acquisition Corp. II Stock Performance
The company’s 50 day simple moving average is $1.68 and its two-hundred day simple moving average is $1.71.
About Rice Acquisition Corp. II
Rice Acquisition Corp. II was a special purpose acquisition company (SPAC) formed to identify and combine with a business involved in the energy transition, decarbonization, or related infrastructure sectors. Unlike an operating company, Rice Acquisition Corp. II did not develop or sell products and services of its own before completing a business combination.
The company was sponsored by Rice Investment Group, an investment platform focused on energy and infrastructure. Its principal objective was to identify a target with potential for long-term growth and public-market access, particularly in areas such as renewable energy, carbon reduction, and energy technology.
In 2023, Rice Acquisition Corp.
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