Rumble Inc. (NASDAQ:RUMBW – Get Free Report) traded up 13.1% during trading on Monday . The company traded as high as $1.6799 and last traded at $1.6510. 7,128 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 17,855 shares. The stock had previously closed at $1.46.
Rumble Stock Down 2.7%
The firm has a 50 day simple moving average of $1.94 and a two-hundred day simple moving average of $1.61.
Rumble Company Profile
Rumble is a video technology company that operates a global online video platform designed to empower content creators and offer an alternative to traditional streaming services. The platform enables users to upload, host, distribute and monetize video content across a range of categories, including news, sports, politics, lifestyle and entertainment. Through an ad‐revenue sharing model and licensing agreements, Rumble provides creators with tools to generate income from their original work while retaining rights to their content.
In addition to its core video hosting service, Rumble offers enterprise‐grade solutions such as Rumble Cloud, a white-label video-streaming service for media companies and organizations seeking to deploy branded video platforms.
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