Rubicon Technologies Soars 18% in Morning Trading. It Has Gained 65% in 3 Days-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Rubicon Technologies Soars 18% in Morning Trading. It Has Gained 65% in 3 Days

Tiger Newspress2023-08-02

Rubicon Technologiesstock is climbing 32.79% higher on Wednesday despite a lack of news from the waste recycling digital marketplace company. It has surged 65% in 3 days.

There’s been no new press releases or filings with the Securities and Exchange Commission (SEC) that explain why shares of RBT stock are up today. Likewise, no analysts are offering new coverage of the stock that would result in today’s rally.

Palantir Technologies Inc. previously purchased around 6 million additional shares of the company’s stock. This has its total stake in Rubicon Technologies, Inc. climbing to 6.2%, or 14.63 million shares.

What Is RBT Stock All About?

Rubicon Technologies operates a digital marketplace for waste recycling services. The company also supports waste recycling businesses, governments, and other organizations, with its cloud services.

Rubicon Technologies was founded in 2008 and operates out of Lexington, Ken. The company went public last year through a special purpose acquisition company (SPAC) merger. It currently has around 434 employees.

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Likewise, no analysts are offering new coverage of the stock that would result in today’s rally.</p><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> previously purchased around 6 million additional shares of the company’s stock. This has its total stake in <a href=\"https://laohu8.com/S/RBT\">Rubicon Technologies, Inc.</a> climbing to 6.2%, or 14.63 million shares.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa0c3ef947695cb6f7015b053c8bcff9\" tg-width=\"788\" tg-height=\"627\"/></p><h2 id=\"id_1337684023\" style=\"text-align: start;\">What Is RBT Stock All About?</h2><p style=\"text-align: start;\">Rubicon Technologies operates a digital marketplace for waste recycling services. The company also supports waste recycling businesses, governments, and other organizations, with its cloud services.</p><p style=\"text-align: start;\">Rubicon Technologies was founded in 2008 and operates out of Lexington, Ken. 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