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Rumble Stock Bearish Momentum With A 9% Fall So Far On Friday

(VIANEWS) – Shares of Rumble (NASDAQ: RUM) dropped 9.06% to $9.33 at 11:16 EST on Friday, after two successive sessions in a row of gains. NASDAQ is falling 0.68% to $11,708.91, after two consecutive sessions in a row of losses. This seems, at the moment, a somewhat down trend trading session today.

Rumble’s last close was $10.26, 44.6% under its 52-week high of $18.52.

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.

Moving Average

Rumble’s worth is higher than its 50-day moving average of $8.64 and under its 200-day moving average of $10.33.

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).

Yearly Top and Bottom Value

Rumble’s stock is valued at $9.33 at 11:16 EST, way under its 52-week high of $18.52 and way above its 52-week low of $5.81.

More news about Rumble (RUM).

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