Rumble stock price soars to fresh highs after Tether invests in the YouTube alternative [Yahoo! Finance]
Rumble Inc. - Class A (RUM)
Company Research
Source: Yahoo! Finance
This investor made a fortune during the 2008 housing crash. Here's his take on today's housing market Is Christmas Eve a federal holiday? Here's what Biden's new executive order means for you Candy and snack recall, FDA update: List of products that may be contaminated with salmonella Rumble, the YouTube alternative video-streaming platform that has become popular in right-wing circles, said on Friday that it has secured a $775 million investment from cryptocurrency company Tether. Following the news, Rumble Inc. shares (NASDAQ: RUM) skyrocketed up almost 94% as of 11 a.m. ET on Monday, inching near $14. The stock had previously peaked at $14.37 per share way back in February 2022, but it has fallen since then. Today's gains mark a fresh high point for the stock. Tether's investment will see it purchase more than 103 million shares at $7.50. Rumble said it will use $250 million to support the platform's growth and the rest to fund a self-tender offer for 70 million Class A
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RUM
News
- Rumble Inc. (RUM): A Firm Mirror Broader Market Downturn Ahead of 2025 [Yahoo! Finance]Yahoo! Finance
- Buy, Sell, Or Hold RUM Stock At $13? [Forbes]Forbes
- 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
RUM
Earnings
- 11/12/24 - Miss
RUM
Sec Filings
- 12/31/24 - Form PRE
- 12/27/24 - Form SCHEDULE
- 12/27/24 - Form SCHEDULE
- RUM's page on the SEC website