Shares of Rover Group, Inc. (OTCMKTS:NEBCU – Get Free Report) shot up 6.1% during mid-day trading on Wednesday. The stock traded as high as $11.00 and last traded at $11.00. 2,900 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 118,677 shares. The stock had previously closed at $10.37.
Rover Group Stock Performance
The firm’s 50-day simple moving average is $11.00 and its 200 day simple moving average is $11.00.
About Rover Group
Rover Group operates a digital marketplace that connects pet owners with independent pet-care providers. Its platform is designed to help customers find and book services such as dog boarding, house sitting, dog walking, drop-in visits and daytime care.
Founded in 2011, Rover built its business around technology that supports provider profiles, availability, booking, payments and communication between pet owners and caregivers. The company has primarily served customers in the United States and Canada, with operations also extending to selected international markets.
Rover became a publicly traded company in 2021 through a business combination with Nebula Caravel Acquisition Corp.
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