Tether is snapping up 103.3 million Rumble shares at $7.50 each, with $250 million earmarked for growth initiatives and the rest funding a stock buyback. The plan? Strengthen Rumble's financial runway ...
The stock jumped 102% to $14.53 Monday afternoon, putting Rumble on track for its highest close since Sept. 19, 2022, and ...
The video platform said it will use the infusion of $250 million to support its growth. Rumble stock has mostly struggled to ...
Rumble did have $131 million in cash and equivalents at the end of the third quarter of 2024. But that only gave the company ...
The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 ...
Rumble stock surged due to $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. See why I ...
After such a parabolic move, the stock is likely to pause and enter a “healthy correction” phase. These pullbacks are common ...
Digital assets company Tether made a $775 million strategic investment disclosed by Rumble ( RUM, Financials ). After the ...
The rise of Rumble (NASDAQ: RUM) stock has sparked investor interest in recent months. Share of the online video platform are ...
Rumble Inc. (NASDAQ:RUM) shares are trading higher Monday after the company announced it entered into a definitive agreement ...
Rumble stock is seeing big sell-offs in the face of macroeconomic risk factors, and the business's fundamentals look shaky.
YouTube competitor Rumble (NASDAQ: RUM) has struck a deal with stablecoin issuer Tether for a $775 million strategic ...