(VIANEWS) – Shares of Rumble (NASDAQ: RUM) dropped by a staggering 27.73% in 21 sessions from $12.91 at 2022-11-11, to $9.33 at 16:29 EST on Tuesday, after two consecutive sessions in a row of losses. NASDAQ is sliding 0.59% to $10,983.78, after two consecutive sessions in a row of losses.
Rumble’s last close was $9.13, 50.7% under its 52-week high of $18.52.
Rumble Inc. operates video sharing platforms. Rumble.com is a video sharing platform. It allows creators of videos to livestream, host, distribute, create, and manage OTT streams, as well as monetize them. Locals.com is a subscription-based platform for video sharing. It was established in Longboat Key in Florida in 2013.
Yearly Top and Bottom Value
Rumble’s stock is valued at $9.33 at 16:29 EST, way below its 52-week high of $18.52 and way higher than its 52-week low of $6.35.
Rumble’s current reported volume is 637067, which is 84.34% lower than its average volume (33220220).
Rumble’s current value is far below its $50-day moving mean of $11.51 or its $200-day moving median of $11.28.
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).
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