Should You Buy Rush Street Interactive Inc (RSI) Stock on Thursday?

Overall market sentiment has been high on Rush Street Interactive Inc (RSI) stock lately. RSI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Rush Street Interactive Inc has a Bullish 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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With RSI Stock Today?

Rush Street Interactive Inc (RSI) stock is flat -0.11% while the S&P 500 has risen 1.17% as of 3:39 PM on Thursday, Feb 2. RSI is unchanged $0.00 from the previous closing price of $4.56 on volume of 508,544 shares. Over the past year the S&P 500 is lower by -8.34% while RSI is lower by -58.14%. RSI lost -$0.65 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for 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.