Rain Enhancement Technologies Shares Plunge on Trading Debut

Dow Jones

Jan 03, 2025

By Sabela Ojea

Shares of Rain Enhancement Technologies on Thursday plunged after the company began trading on Nasdaq.

The stock was down 46% to $5.67 in afternoon trading.

The developer of ionization rainfall generation technology started trading after having completed its previously announced business combination with special-purpose acquisition company Coliseum Acquisition.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

January 02, 2025 13:49 ET (18:49 GMT)

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@sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 02, 2025 13:49 ET (18:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rain Enhancement Technologies Shares Plunge on Trading Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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@sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 02, 2025 13:49 ET (18:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4007","symbol_name":"制药","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2500908717","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500908717","pubTimestamp":1735843740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Rain Enhancement Technologies on Thursday plunged after the company began trading on Nasdaq.The stock was down 46% to $5.67 in afternoon trading.The developer of ionization rainfall generation technology started trading after having completed its previously announced business combination with special-purpose acquisition company Coliseum Acquisition.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4007":"制药","BK4539":"次新股","RAIN":"Rain Enhancement Technologies"},"translate_title":"Rain Enhancement Technologies股价首次交易暴跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RAIN":1},"content_text":"By Sabela Ojea \n\n\n \n\n\n  Shares of Rain Enhancement Technologies on Thursday plunged after the company began trading on Nasdaq. \n\n\n  The stock was down 46% to $5.67 in afternoon trading. \n\n\n  The developer of ionization rainfall generation technology started trading after having completed its previously announced business combination with special-purpose acquisition company Coliseum Acquisition. \n\n\n \n\n\n  Write to Sabela Ojea at sabela.ojea@wsj.com; 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