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RumbleOn surged over 60% after announcing a rebrand to RideNow Group, HQ move to Phoenix, and Q2 results beating estimates. Adjusted EBITDA hit $17.2 million vs $13.7 million expected. Retail sentiment turned 'extremely bullish' as message volume spiked 4,000%, marking the stock's best session in 5+ years despite a 41% YTD decline.
short by / 09:26 am on 13 Aug
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