(VIANEWS) – Shares of Rumble (NASDAQ: RUM) rose by a staggering 23.6% in 10 sessions from $7.9 at 2023-03-01, to $9.76 at 14:16 EST on Wednesday, after five consecutive sessions in a row of gains. NASDAQ is falling 0.01% to $11,529.48, after two successive sessions in a row of losses.
Rumble’s last close was $9.48, 44.98% 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%.
Moving Average
Rumble’s value is way above its 50-day moving average of $8.64 and below its 200-day moving average of $10.12.
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