The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 27th 2024. Rumble shares RUM, +18.26% rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over TikTok.
- According to one analyst, the rating for RUM stock is “Strong Buy” and the 12-month stock price forecast is $12.0.
- There are currently 1 buy rating for the stock.
- Their RUM share price targets range from $12.00 to $12.00.
- Rumble offers a best-in-class, all-in-one live-streaming product to all creators, and for all platforms.
- But for the record, this news was announced earlier in the week by Locals.
We are challenging these government demands and hope to restore access soon. Rumble’s stock is owned by a number of retail and institutional investors. “It is no surprise that the Chinese stock market is crashing after Trump’s massive primary https://www.day-trading.info/how-to-use-vortex-how-do-vortex-tubes-work-video/ win in Iowa,” Donald Trump Jr. told On The Money. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Rumble’s stock was trading at $4.49 on January 1st, 2024. Since then, RUM shares have increased by 62.4% and is now trading at $7.29. RUM, -5.85% rose 0.9% in premarket trading Tuesday, after the video-sharing and social-media site’s Founder and Chief Executive Chris Pavlovski said he will “not sell” any of its… Rumble offers 1 gbp to usd or 1 british pound to us dollar a best-in-class, all-in-one live-streaming product to all creators, and for all platforms. According to one analyst, the rating for RUM stock is “Strong Buy” and the 12-month stock price forecast is $12.0. Because of Brazilian government demands to remove creators from our platform, Rumble is currently unavailable in Brazil.
RUM Stock Analysis – Frequently Asked Questions
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Now 24% undervalued after recent price drop
But for the record, this news was announced earlier in the week by Locals. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. Moreover, Rumble stock https://www.topforexnews.org/investing/7-smart-ways-to-invest-your-tax-refund/ was down about 26% last week on an independent report that questioned the business. With that big of a recent drop, part of this week’s gain was simply a bounce-back after the market had a weekend to digest the news.
Rumble: Don’t Chase TikTok Hype
The company operates rumble.com, a platform that enables video creators to host, livestream, manage, distribute, and create OTT feeds, as well as monetize their content. It also operates locals.com, a subscription-based video sharing platform. The company was founded in 2013 and is based in Longboat Key, Florida. 1 analysts have issued 1 year target prices for Rumble’s shares. Their RUM share price targets range from $12.00 to $12.00. On average, they predict the company’s stock price to reach $12.00 in the next twelve months.
View RUM analyst ratings or view top-rated stocks. Shares of Digital World Acquisition , the blank check firm set to take former U.S. President Donald Trump’s social media platform public, soared to their highest in 19 months on Monday after Florida G… Regarding concrete news from the company, there were two official Rumble press releases this week. First, the company launched a merchandise store on Monday, where fans of the brand could pre-order T-shirts and hats. Today, Rumble announced that YouTuber JP Sears would put his new comedy special exclusively on Locals — a platform owned by Rumble — and create a subscription-based community.
This suggests a possible upside of 64.6% from the stock’s current price. View analysts price targets for RUM or view top-rated stocks among Wall Street analysts. Rumble Inc. operates video sharing platforms in the United States, Canada, and internationally. 1 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Rumble in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should “buy” RUM shares.