Rumble (NASDAQ:RUMBW) Trading Up 0.8% – Still a Buy?

Rumble Inc. (NASDAQ:RUMBW) traded up 0.8% on Thursday . The stock traded as high as $1.95 and last traded at $1.87. 3,665 shares traded hands during trading, a decline of 70% from the average session volume of 12,190 shares. The stock had previously closed at $1.8556.

Rumble Stock Up 0.8%

The firm has a fifty day simple moving average of $2.03 and a 200 day simple moving average of $2.25.

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.