(VIANEWS) – Shares of Rumble (NASDAQ: RUM) rose 9.59% to $10.23 at 11:40 EST on Friday, after five consecutive sessions in a row of gains. NASDAQ is rising 0.85% to $12,115.76, after two consecutive sessions in a row of gains. This seems, at the moment, a somewhat up trend exchanging session today.
Rumble’s last close was $9.34, 45.79% below its 52-week high of $17.23.
About Rumble
Rumble Inc. operates video sharing platforms. The company operates rumble.com, a platform that enables video creators to host, livestream, manage, distribute, and create OTT feeds, as well as monetize their content. It also operates locals.com, a subscription-based video sharing platform. The company was founded in 2013 and is based in Longboat Key, Florida.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -12.11%.
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