Vimeo (OTCMKTS:VMEOV) Trading Down 8.6% – Time to Sell?

Vimeo, Inc. (OTCMKTS:VMEOVGet Free Report)’s share price was down 8.6% during mid-day trading on Thursday . The company traded as low as $52.08 and last traded at $52.08. Approximately 39,700 shares traded hands during mid-day trading, an increase of 134% from the average daily volume of 16,933 shares. The stock had previously closed at $57.00.

Vimeo Stock Down 8.6 %

The company’s 50 day simple moving average is $52.08 and its two-hundred day simple moving average is $52.08.

Vimeo Company Profile

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Vimeo, Inc owns and operates an online video platform for users to upload, share, and watch videos. The company's platform provides video player, collaboration, marketing, live streaming, analystics, hosting, and management solutions. It also provides Vimeo On Demand, an open self-distribution service that enables users to sell their works directly to their audiences and retain a share of the revenue after transaction costs; and Vimeo Create, a suite of tools for making social videos.

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