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Rumble Stock Soars

Oppenheimer says Tether investment alleviates concerns over Rumble liquidity

Oppenheimer analyst Jason Helfstein notes that Friday post-close, Rumble (RUM) announced $775M equity investment from stablecoin operator Tether, with $250M in newly issued shares at $7.50 for growth capital.

Investopedia on MSN · 1d

Rumble Stock Soars After Video Platform Gets $775M Investment From Tether

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

Hosted on MSN · 23h

Rumble Stock Up 91%. Tether Investment Sends Video Platform Soaring.

Rumble stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether. The stock jumped 91% to $3.75, putting Rumble on track for its highest close since June 12,

22h

Rumble: Don't Chase Tether Deal

Rumble stock surged due to $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. See why I ...

23hon MSN

Why Rumble Stock Skyrocketed to a 52-Week High Today

Rumble did have $131 million in cash and equivalents at the end of the third quarter of 2024. But that only gave the company ...

Rumble Stock Soars 44% Pre-Market: Crypto Meets Free Speech — Game-Changer Or Hype?

The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 ...

'It's Vaporware': Crypto Users Troll Tether's $775M Bet On Rumble

Crypto users blasted Tether over the weekend after it invested $775 million into Rumble, with many saying it might have been a bad deal for Rumble due to business allegations around the $USDT issuer.

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