Rakuten Group (OTCMKTS:RKUNF) Stock Price Down 8.7% – Should You Sell?

Rakuten Group, Inc. (OTCMKTS:RKUNFGet Free Report)’s stock price dropped 8.7% during mid-day trading on Thursday . The stock traded as low as $5.02 and last traded at $5.02. Approximately 999 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 6,304 shares. The stock had previously closed at $5.50.

Rakuten Group Price Performance

The stock has a 50 day moving average price of $5.81 and a 200 day moving average price of $5.87.

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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