RideNow Group Inc

RumbleOn operates an e-commerce platform for the pleasure vehicle industry. Formerly known as Smart Server, Inc, the company's platform works to connect consumers and dealers of pre-owned recreation vehicles. It supports buying, selling, trading, and financing. Founded in 2013, the company operates within several US states and has its headquarters in Irving, Texas. Listed on the NASDAQ CM stock exchange, the company trades its stock under the ticker RMBL. In the 52 weeks prior to December 11, 2020, the RMBL share price hit a low of $3.00 in March 2020, reaching a subsequent high of $46.90 in October 2020. As of December 2020, the stock yielded a one year return of 101.16%. A 1:20 stock split took place on May 20, 2020. RumbleOn’s platform is primarily focussed on powersport vehicles and pre-owned Harley-Davidson motorcycles. The company also offers third-party financing services in addition to the main platform. Through the e-commerce platform, users can obtain cash offers for vehicles they own in under five minutes. It also supports live auctions. The RumbleOn solution makes use of proprietary VIN-based software and is fully scalable, allowing for easy expansion. Add RMBL stock to your eToro portfolio to increase the diversity of your holdings.