(VIANEWS) – Shares of Rumble (NASDAQ: RUM) rose by a staggering 11.79% to $9.48 at 10:17 EST on Monday, after five consecutive sessions in a row of gains. NASDAQ is jumping 0.63% to $11,762.11, after two sequential sessions in a row of gains. This seems, up until now, a somewhat positive trend trading session today.
Rumble’s last close was $8.48, 50.78% under 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%.
More news about Rumble (RUM).
