Vimeo, Inc. (VMEO) Moves 7.1% Higher: Will This Strength Last?

This article was originally published on Nasdaq

Vimeo, Inc. (VMEO) shares soared 7.1% in the last trading session to close at $6.91. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 29.5% loss over the past four weeks.