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Business Wire (Mon, 3-Feb 8:00 AM ET)
Rain Enhancement Technologies Holdco Inc, formerly Rain Enhancement Technologies Inc operates to develop, manufacture and commercialize ionization rainfall generation technology. This weather modification technology seeks to provide with reliable access to water, and transform business, society and the planet.
Rain Enhancement Technologies Holdco - Class A trades on the NASDAQ stock market under the symbol RAIN.
As of April 1, 2025, RAIN stock price climbed to $2.03 with 52,236 million shares trading.
RAIN has a beta of -1.47, meaning it tends to be less sensitive to market movements. RAIN has a correlation of 0.08 to the broad based SPY ETF.
RAIN has a market cap of $15.39 million. This is considered a Sub-Micro Cap stock.
RAIN support price is $1.74 and resistance is $2.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RAIN shares will trade within this expected range on the day.