The latest close for Rum stock price at $8.71 came after a volatile trading day influenced by mixed macroeconomic headlines. While consumer sentiment data gave the broader market a lift, some traders used upticks to trim positions in less-liquid beverage stocks. The 10 largest stocks accounted for over half the market capitalization of the Russell 1000 Growth Index by 2024 end, exhibiting a record high in the market concentration. Despite the trend reflecting the signs of unwinding, the concentration remains much higher as compared to the previous peaks. As per AllianceBernstein, small-caps are well-placed to benefit from the declining market concentration. Is now the time to buy Rumble? Access our full analysis report here, it’s free . Rum stock price hovered at $8.77 today with relatively low volatility, suggesting a wait-and-see approach by market participants. Many are anticipating the upcoming earnings date, which could act as a catalyst for bigger price moves.