Is it Time to Dump Rush Street Interactive Inc (RSI) Stock After it Is Up 3.66% in a Week?

The market has been neutral on Rush Street Interactive Inc (RSI) stock recently. RSI gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Rush Street Interactive Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on RSI!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With RSI Stock Today?

Rush Street Interactive Inc (RSI) stock is up 4.45% while the S&P 500 has fallen -0.27% as of 12:37 PM on Monday, Apr 1. RSI has risen $0.29 from the previous closing price of $6.51 on volume of 1,138,218 shares. Over the past year the S&P 500 is up 27.05% while RSI has risen 117.95%. RSI lost -$0.27 per share in the over the last 12 months. To screen for more stocks like Rush Street Interactive Inc click here.

More About Rush Street Interactive Inc

Rush Street Interactive Inc is a online gaming and entertainment company that focuses primarily on online casino and online sports betting in the U.S. and Latin American markets. It provides customers an array of gaming offerings such as real-money online casino, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casino, online sports betting and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models. Click Here to get the full Stock Report for Rush Street Interactive Inc stock.