Rumble Inc. (NASDAQ:RUMBW – Get Free Report) was up 9.4% on Monday. The company traded as high as $0.9302 and last traded at $0.93. 3,959 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 16,600 shares. The stock had previously closed at $0.85.
Rumble Stock Performance
The company’s 50-day moving average price is $1.62 and its two-hundred day moving average price is $1.63.
About Rumble
Rumble Inc operates a video-sharing platform designed to provide users with tools to upload, watch, livestream and distribute video content. The company emphasizes creator independence and free expression, and serves viewers, creators, publishers and advertisers through its online platform.
In addition to its video platform, Rumble offers related digital infrastructure and advertising services. Rumble Cloud provides cloud hosting and related technology services, while the company’s advertising activities connect marketers with audiences across its platform and participating publisher network.
Rumble was founded in 2013 by Chris Pavlovski, who serves as its chairman and chief executive officer.
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