RUM Stock News: Rumble sinks lower during volatile session for Wall Street
Premium|Take advantage of 50% OFF on your first month.
Start your subscription and get access to all our original articles.
You have reached your limit of 5 free articles for this month.
Get all exclusive analysis, access our analysis and get Gold and signals alerts
Elevate your trading Journey.
UPGRADE- NASDAQ:RUM fell by 4.4% during Tuesday’s trading session.
- Rumble adds a well-known comedian to its stable of weekly programs.
- Rumble’s platform is full of right-wing propaganda like other conservative sites.
Rumble (RUM) erased its gains from Monday as the newly merged SPAC stock dropped lower during a tumultuous day on Wall Street. On Tuesday, shares of RUM fell by 4.4% and closed the trading session at a price of $11.66. Stocks looked to be rebounding early on Tuesday, but by the closing bell the S&P 500 had once again fallen below water for the sixth consecutive trading day. Overall, the Dow Jones lost a further 125 basis points, the S&P 500 hit a new bear market low and fell by 0.21%, and the NASDAQ managed to eke out a small gain of 0.25% during the session.
Rumble stock news
Rumble continues to ramp up its viewership after giving a well-known comedian and actor a new weekly program. British celebrity Russell Brand will launch a new weekly video show exclusively on Rumble. After Alphabet's (GOOGL) platform YouTube censored one of Brand’s videos for misinformation, the controversial actor decided to take his popular livestream to Rumble. It is certainly a win for Rumble, who will likely receive a bulk of Brand’s 6 million subscribers to its platform.
Brand is no stranger to controversy, and it is widely known that his livestreams have become mostly about conspiracy theories. It looks like his show will fit right in on Rumble, which has seen its share of right-wing propaganda videos, particularly as we gear up ahead of the midterm elections in the US. There are plenty of videos on Rumble that likely would not make it onto YouTube, including some that are still stating that the 2020 election was miscounted and rigged for President Biden.
- NASDAQ:RUM fell by 4.4% during Tuesday’s trading session.
- Rumble adds a well-known comedian to its stable of weekly programs.
- Rumble’s platform is full of right-wing propaganda like other conservative sites.
Rumble (RUM) erased its gains from Monday as the newly merged SPAC stock dropped lower during a tumultuous day on Wall Street. On Tuesday, shares of RUM fell by 4.4% and closed the trading session at a price of $11.66. Stocks looked to be rebounding early on Tuesday, but by the closing bell the S&P 500 had once again fallen below water for the sixth consecutive trading day. Overall, the Dow Jones lost a further 125 basis points, the S&P 500 hit a new bear market low and fell by 0.21%, and the NASDAQ managed to eke out a small gain of 0.25% during the session.
Rumble stock news
Rumble continues to ramp up its viewership after giving a well-known comedian and actor a new weekly program. British celebrity Russell Brand will launch a new weekly video show exclusively on Rumble. After Alphabet's (GOOGL) platform YouTube censored one of Brand’s videos for misinformation, the controversial actor decided to take his popular livestream to Rumble. It is certainly a win for Rumble, who will likely receive a bulk of Brand’s 6 million subscribers to its platform.
Brand is no stranger to controversy, and it is widely known that his livestreams have become mostly about conspiracy theories. It looks like his show will fit right in on Rumble, which has seen its share of right-wing propaganda videos, particularly as we gear up ahead of the midterm elections in the US. There are plenty of videos on Rumble that likely would not make it onto YouTube, including some that are still stating that the 2020 election was miscounted and rigged for President Biden.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.