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Why Rumble Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Aug 13 18:35

Shares ofRumble Inc.(NASDAQ:RUM) rose sharply in today's pre-market trading following better-than-expected second-quarter financial results.

Rumble reported second-quarter revenue of $22.5 million, up 27% sequentially. The revenue figure beat a Street consensus estimate of $19.69 million, according to data from Benzinga Pro. The company reported a loss of 13 cents per share, which beat a Street consensus estimate of a loss of 15 cents per share.

Rumble shares jumped 7.1% to $6.16 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • Vicinity Motor Corp. (NASDAQ:VEV) rose 136.7% to $0.2353 in today's pre-market...
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