TeamViewer (OTCMKTS:TMVWY) Shares Down 4.5% – Here’s Why

TeamViewer SE (OTCMKTS:TMVWYGet Free Report) dropped 4.5% during mid-day trading on Tuesday . The stock traded as low as $3.1235 and last traded at $3.1235. Approximately 10,611 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 7,351 shares. The stock had previously closed at $3.27.

TeamViewer Trading Down 4.5%

The business has a 50-day moving average price of $3.32 and a 200-day moving average price of $4.37.

About TeamViewer

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TeamViewer AG operates a global remote connectivity platform that enables secure access, support, control and collaboration across devices and locations. Its cloud-based software solutions allow businesses and individuals to remotely troubleshoot IT issues, manage devices, conduct online meetings and share files in real time. The platform’s modular architecture supports integrations with leading IT service management tools and provides an open API for custom workflows, making it a versatile choice for digital service delivery.

Founded in 2005 and headquartered in Göppingen, Germany, TeamViewer has expanded its footprint to serve customers in more than 180 countries.

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