Why Rumble Stock Is Skyrocketing Today
Rumble (NASDAQ: RUM) stock is seeing explosive gains in Wednesday's trading. The streaming-video company's share price was up 34.6% as of 11:45 a.m. ET. Rumble stock is continuing to rocket higher on the news that the company is set to receive $775 million in an investment from Tether -- the company behind the Tether stable-coin cryptocurrency.
Why Rumble Stock Is Sinking Today After a Week of Gains
Rumble (NASDAQ: RUM) stock is seeing big sell-offs in Friday's trading. The company's share price was down 8.1% as of 1 p.m. ET. Meanwhile, the S&P 500 index and the Nasdaq Composite index were down 1.
Rumble Stock Dips 11%, Insiders Seem To Have Made A Right Call By Selling Early
Over the past year, Rumble insiders sold $6.1 million worth of shares at an average price of $6.07 per share. The most notable sale came from Robert Arsov, Rumble's Lead Independent Director, who sold $711,000 worth of shares at around $7.02 per share. Arsov sold a total of a million shares over the...
Why Rumble Stock Skyrocketed to a 52-Week High Today
Rumble did have $131 million in cash and equivalents at the end of the third quarter of 2024. But that only gave the company about one year of runway at its current burn rate. Tether's substantial investment gives it far more breathing room and it's why investors are sending shares higher today.
Is Rumble Stock a Buy, Sell, or Hold After a $775 Million Investment?
Rumble (RUM) operates a free video platform that offers livestreaming features. Users can subscribe to the channels of their favorite creators and gain access to both free and paid content. Incorporated in 2013 as an alternative to YouTube,
Market Slump Drags Down Share Prices of Rumble Inc. (RUM)
We recently published an article titled Market Slump Drags Down Share Prices of These 15 Companies. In this article, we are ...
Rumble stock price has soared: time to short it now?
Rumble stock price surged after Tether's large investment recently. We explain whether RUM is a good investment or not ...
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Rumble (NASDAQ:RUM) Sees Unusually-High Trading Volume – What’s Next?
Rumble Inc. (NASDAQ:RUM – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 5,947,730 shares traded hands during mid-day trading, an increase of 63% from the previous ...
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Rumble Stock Soars 100%: Bull Market Signal or Time for a Healthy Correction?
After such a parabolic move, the stock is likely to pause and enter a “healthy correction” phase. These pullbacks are common ...
Rumble Stock Soars 44% Pre-Market: Crypto Meets Free Speech — Game-Changer Or Hype?
The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 ...
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Will 2025 Be the Year for Rumble Stock?
The rise of Rumble (NASDAQ: RUM) stock has sparked investor interest in recent months. Share of the online video platform ...
Rumble: Don't Chase Tether Deal
Rumble stock surged due to $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. See why I ...
Why Rumble Stock Is Gaining Today
After a rapid upward shift in previous days, Rumble (NASDAQ: RUM) stock was gaining again in Tuesday morning trading. The ...
Rumble Rockets 110% In a Month, After $775M Tether Deal--Meme-Stock Mania or Game-Changing Move?
Rumble Rockets 110% In a Month, After $775M Tether Deal--Meme-Stock Mania or Game-Changing Move?