RUMBLE INC (RUM) Soars 6.6%: Is Further Upside Left in the Stock? [Yahoo! Finance]
Rumble Inc. - Class A (RUM)
Company Research
Source: Yahoo! Finance
This compares to the stock's 8.3% gain over the past four weeks. Rumble is benefiting from its role as a free-speech focused video platform and its recent cloud expansion, appealing to clients and advertisers seeking an alternative to the major tech companies. This company is expected to post quarterly loss of $0.13 per share in its upcoming report, which represents a year-over-year change of +7.1%. Revenues are expected to be $29.25 million, up 62.7% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For RUMBLE INC, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on RUM going forward
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RUM
News
- Rumble Announces $775 Million Strategic Investment from TetherGlobeNewswire
- Correction: Rumble Will Host the Uncensored 4th Season of “Surviving Barstool”GlobeNewswire
- Rumble Will Exclusively Host the Uncensored 4th Season of “Surviving Barstool”GlobeNewswire
- Rumble Inc. (RUM) Expands Cloud Infrastructure with Major Clients [Yahoo! Finance]Yahoo! Finance
- Rumble Sues California Over Censorship LawGlobeNewswire
RUM
Earnings
- 11/12/24 - Miss
RUM
Sec Filings
- 12/20/24 - Form 8-K
- 12/13/24 - Form 424B3
- 12/13/24 - Form 8-K
- RUM's page on the SEC website