Geode Capital Management LLC Makes New $258,000 Investment in RDE, Inc. (NASDAQ:RSTN)

Geode Capital Management LLC bought a new position in shares of RDE, Inc. (NASDAQ:RSTN) during the third quarter, Holdings Channel reports. The institutional investor bought 140,765 shares of the company’s stock, valued at approximately $258,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. waypoint wealth counsel acquired a new stake in shares of RDE during the third quarter worth $116,000. Henrickson Nauta Wealth Advisors Inc. acquired a new stake in shares of RDE during the third quarter worth $135,000. TKG Advisors LLC acquired a new stake in shares of RDE during the third quarter worth $176,000. Finally, Security Benefit Life Insurance Co. KS acquired a new stake in shares of RDE during the third quarter worth $8,786,000.

RDE Stock Performance

Shares of NASDAQ:RSTN opened at $3.25 on Tuesday. RDE, Inc. has a 1-year low of $2.30 and a 1-year high of $4.65. The business’s fifty day simple moving average is $3.25.

RDE Company Profile

RDE, Inc owns and operates a restaurant deal space in the United States. The company operates Restaurant.com that connects digital consumers, businesses, and communities with dining and merchant deal options at approximately 182,500 restaurants and retailers to approximately 7.8 million customers. It sells discount certificates for restaurants, as well as complementary entertainment and travel offerings, and consumer products on behalf of third-party merchants.