Rumble Secures $775 Million Investment from Tether, Stock Soars Over 75%
Digital assets company Tether made a $775 million strategic investment disclosed by Rumble ( RUM, Financials ). After the announcement, Rumble's stock price is up 76%, trading for $12.66 to represent investor excitement for the alliance meant to support decentralization.
The stock jumped 102% to $14.53 Monday afternoon, putting Rumble on track for its highest close since Sept. 19, 2022, and ...
Rumble did have $131 million in cash and equivalents at the end of the third quarter of 2024. But that only gave the company ...
After such a parabolic move, the stock is likely to pause and enter a “healthy correction” phase. These pullbacks are common ...
Rumble stock surged due to $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. See why I ...
The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 ...
Rumble Inc. (NASDAQ:RUM – Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as $10.31 and last traded at $10.31, with a volume of 2476465 shares traded. The ...
Rumble stock is seeing big sell-offs in the face of macroeconomic risk factors, and the business's fundamentals look shaky.
The rise of Rumble (NASDAQ: RUM) stock has sparked investor interest in recent months. Share of the online video platform ...
Rumble Inc. (NASDAQ:RUM) shares are trading higher Monday after the company announced it entered into a definitive agreement ...
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