Rakuten Group (OTCMKTS:RKUNF) Shares Down 3.5% – Here’s Why

Rakuten Group, Inc. (OTCMKTS:RKUNFGet Free Report)’s share price traded down 3.5% on Thursday . The stock traded as low as $5.62 and last traded at $5.62. 79 shares were traded during mid-day trading, a decline of 96% from the average session volume of 2,229 shares. The stock had previously closed at $5.82.

Rakuten Group Price Performance

The firm’s 50 day simple moving average is $5.98 and its two-hundred day simple moving average is $5.73.

Rakuten Group Company Profile

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Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.

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