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Rumble Stock Soars
Rumble stock price soars to fresh highs after Tether invests in the YouTube alternative
The video platform said it will use the infusion of $250 million to support its growth. Rumble stock has mostly struggled to gain traction since its debut in 2022. Traders look like they’re ready to rumble today.
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.
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.
MarketWatch on MSN
2d
After $775 million Tether investment, Rumble’s tender offer should alleviate investor liquidity concerns, analyst says
Rumble Inc.’s plan to use some of the proceeds from a $775 million investment from cryptocurrency giant Tether to fund a self ...
1d
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 ...
Cryptopolitan on MSN
4d
Tether makes $775M bet on Rumble to challenge YouTube’s dominance
Tether has invested $775 million in Rumble, YouTube's closest competitor. The agreement will see Tether benefiting from ...
2d
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 ...
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