Rumble Stock Bearish By 11% So Far On Wednesday

(VIANEWS) – Shares of Rumble (NASDAQ: RUM) slid by a staggering 11.39% to $9.02 at 11:37 EST on Wednesday, after five successive sessions in a row of gains. NASDAQ is jumping 0.54% to $12,245.00, following the last session’s downward trend. This seems, at the moment, a somewhat bullish trend exchanging session today.

Rumble’s last close was $10.18, 40.92% below its 52-week high of $17.23.

About Rumble

Rumble Inc. operates video sharing platforms in the United States, Canada, and internationally. The company operates, a platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators. It also operates, a subscription platform for creators and subscribers to engage through VOD, podcasts, live chat, polls, and community discussions; and Rumble Advertising Center (RAC), an online advertising management exchange. The company was founded in 2013 and is headquartered in Longboat Key, Florida.

Earnings Per Share

As for profitability, Rumble has a trailing twelve months EPS of $-0.06.

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 -5.9%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 578.9%, now sitting on 39.38M for the twelve trailing months.

Yearly Top and Bottom Value

Rumble’s stock is valued at $9.02 at 11:37 EST, way below its 52-week high of $17.23 and way above its 52-week low of $5.81.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Rumble’s stock is considered to be oversold (<=20).


Today’s last reported volume for Rumble is 1003068 which is 31.43% below its average volume of 1462970.

More news about Rumble (RUM).

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