The truth behind Rumble’s stunning 60% share spike

Dec 24, 2024  · Tether, known for its stablecoin, purchased 103.3 million shares of Rumble for $7.50 each. This transaction maintains CEO Chris Pavlovski’s status as majority stakeholder. …


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The Truth Behind Rumble’s Stunning 60% Share Spike

1 week from now

Dec 24, 2024  · Tether, known for its stablecoin, purchased 103.3 million shares of Rumble for $7.50 each. This transaction maintains CEO Chris Pavlovski’s status as majority stakeholder. …

dataconomy.com

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Rumble Stock Soars After Video Platform Gets $775M

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Dec 23, 2024  · Rumble shares surged 60% Monday morning after the video platform received a $775 million cash injection from cryptocurrency company Tether.

investopedia.com

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Why Rumble Stock Skyrocketed To A 52-Week High Today

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Dec 23, 2024  · And that's why Rumble stock was up a stunning 66% as of 10:15 a.m. ET. ... The remaining $500 million will be used to buy stock at $7.50 per share from ... The Company …

fool.com

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Why Rumble Stock Skyrocketed To A 52-Week High Today - Yahoo …

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Dec 23, 2024  · And that's why Rumble stock was up a stunning 66% as of 10:15 a.m. ET. Rumble is losing money and appreciates Tether's help ... Now that the price is well over $7.50 per …

yahoo.com

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Rumble Stock Doubles In 1 Day. What’s Behind The Surge. - MSN

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The company announced that Tether had agreed to purchase about 103.3 million shares at $7.50 a share. Rumble said it anticipates using $250 million to support growth initiatives.

msn.com

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Why Rumble Stock Is Gaining Today - Yahoo Finance

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Dec 24, 2024  · After a rapid upward shift in previous days, Rumble (NASDAQ: RUM) stock was gaining again in Tuesday morning trading. The share price was up 3.7% as of noon ET, …

yahoo.com

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Why Rumble Stock Is Skyrocketing Today | The Motley Fool

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Dec 26, 2024  · Last Friday, Rumble announced that it will be selling $775 million worth of new stock to Tether at a price of $7.50 per share as part of an investment deal between the two …

fool.com

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Rumble Stock Doubles In 1 Day. What’s Behind The Surge.

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Rumble Inc. stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether.

barrons.com

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Rumble Shares Spike After TikTok Acquisition Rumour

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Mar 13, 2024  · As of September 30, 2023, Rumble reported cash, cash equivalents, and marketable securities of approximately $267 million. The ongoing questions surrounding …

investingchannel.com

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Why Rumble Stock Was Up 83% In December | The Motley Fool

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Jan 6, 2025  · Share prices of video-streaming platform Rumble (RUM-3.56%) were up 83.2% during December, according to data provided by S&P Global Market Intelligence. And when all …

fool.com

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Why Rumble Stock Skyrocketed To A 52-Week High Today

1 week from now

Dec 23, 2024  · And that's why Rumble stock was up a stunning 66% as of 10:15 a.m. ET. How Tether has that much money lying around is another subject for another day. But when it …

sharewise.com

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Rumble Stock Hits 52-week High At $10.06 Amid Growth Spurt

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Dec 23, 2024  · In a notable surge, Rumble Inc. shares have soared to a 52-week high, reaching a price level of $10.06. The video platform company, with a market capitalization of $2.04 billion, …

investing.com

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Why Rumble Stock Skyrocketed 189.8% In 2024 But Is Sinking In …

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Jan 12, 2025  · Rumble (NASDAQ: RUM) stock recorded explosive gains across 2024. The video-streaming company's share price rocketed 189.8% higher in last year's trading, according to …

nasdaq.com

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Will 2025 Be The Year For Rumble Stock? - Nasdaq

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Dec 15, 2024  · The rise of Rumble (NASDAQ: RUM) stock has sparked investor interest in recent months. Share of the online video platform are up by almost 75% over the last year as the site …

nasdaq.com

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Strength Seen In RUMBLE INC (RUM): Can Its 9.0% Jump Turn Into …

1 week from now

Oct 16, 2024  · Rumble Inc. RUM shares rallied 9% in the last trading session to close at $5.96. This move can be attributable to notable volume with a higher number of shares being traded …

nasdaq.com

FAQs about The truth behind Rumble’s stunning 60% share spike Coupon?

Why did Rumble (Rumble) shares skyrocket 60% Monday morning?

Rumble (RUM) shares skyrocketed 60% Monday morning after the video platform received a $775 million investment from Tether, operator of a cryptocurrency platform and creator of the stablecoin of the same name. Rumble announced that Tether had purchased 103.3 million shares of Rumble for $7.50 each. ...

What's going on with Rumble stock?

Rumble (RUM -9.13%) 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. ...

How much money will Rumble use from a stock sale?

Rumble will use $250 million of the proceeds from the stock sale to fund its business operations and growth initiatives. The streaming specialist intends to use the other $525 million from the stock sale to buy back shares from other large shareholders at a price of $7.50 per share. ...

Why did Rumble stock surge in 1 day?

What’s Behind the Surge. Rumble Stock Doubles in 1 Day. What’s Behind the Surge. R umble stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether. ...

Is Rumble stock up 133%?

Rumble stock is now up 133% over the last week of trading. Last Friday, Rumble announced that it will be selling $775 million worth of new stock to Tether at a price of $7.50 per share as part of an investment deal between the two companies. ...

Is Rumble (rum) stock gaining again?

After a rapid upward shift in previous days, Rumble (NASDAQ: RUM) stock was gaining again in Tuesday morning trading. The share price was up 3.7% as of noon ET, though it had been up by as much as 17.2% earlier in the session. ...

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