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RUM Group shares plunge 6.36% as 10-year Treasury yield hits 19-year high

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  • RUM Group shares fell as Treasury yields increased pressure on capital-intensive growth companies.
  • RUM stock dropped 6.36% to $8.39 Wednesday, according to Benzinga Pro data.
  • RUM reported $40.4 million in second-quarter revenue and a $79.1 million net loss.
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