(VIANEWS) – The NASDAQ ended the session with Rumble (RUM) jumping 9.74% to $9.86 on Friday while NASDAQ rose 2.66% to $11,140.43.
Rumble’s last close was $8.98, 51.51% below its 52-week high of $18.52.
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.
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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