Rumble shares rise 9% as founder mulls scooping up Bitcoin

Nov 20, 2024 · Rumble (RUM) shares gained as much as 9%, hitting a high of $6.20 in after-hours trading on Nov. 19 after its founder and CEO Chris Pavlovski had posed the question on X, which saw strong support ...

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Rumble Shares Rise 9% As Founder Mulls Scooping Up Bitcoin

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Rumble Shares Rise As CEO Considers $132M Bitcoin Move

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Nov 20, 2024 · Shares of Rumble Inc. surged by 9% to reach $6.20 in after-hours trading on November 19, following an announcement by CEO Chris Pavlovski that he is considering …

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Rumble CEO Considers Bitcoin Move: Stock Surges 9% Following ...

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Nov 20, 2024 · Rumble’s stock saw an uptick briefly after CEO Chris Pavlovski teased potential Bitcoin adoption as part of the company’s financial strategy. According to data from Yahoo …

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Rumble Eyes Bitcoin For Its Balance Sheet, Stock Soars In After

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Additionally, Rumble Inc (RUM) shares surged by 9% in after-hours trading on Nov. 19, reaching a high of $6.20. Bitcoin advocates back Rumble’s potential BTC move

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Rumble Shares Rise 9% As Founder Mulls Scooping Up Bitcoin - MSN

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Rumble Inc (RUM) shares gained as much as 9%, hitting a high of $6.20 in after-hours trading on Nov. 19 after its founder and CEO Chris Pavlovski earlier posed the question on X, which saw …

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Rumble Stock Rises As CEO Teases Bitcoin Adoption

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Nov 19, 2024 · Prior to the exchange, Rumble's stock had been trading modestly lower on the session, but shares quickly rose to about a 7% gain. At press time, the stock had pulled back …

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Rumble Shares Rise 9% As Founder Mulls Scooping Up Bitcoin

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Nov 20, 2024 · Rumble, a YouTube alternative favored by the political far-right, is the latest company to explore the possibility of adding Bitcoin to its balance sheet. Rumble (RUM) …

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Why Rumble Stock Jumped Today - The Motley Fool

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Nov 20, 2024 · The company's share price closed out the daily session up 6.2% and had been up as much as 14.1% earlier in the day's trading. ... Is Rumble about to buy Bitcoin? Rumble's …

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Rumble CEO Considers Bitcoin Investment, Engages Michael …

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Nov 21, 2024 · Rumble shares rose 9% in after-hours trading Tuesday after Pavlovski posted the Bitcoin investment questions to his social media account. Investors will be watching for further …

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Rumble Shares Rise 9% As Founder Mulls Scooping Up Bitcoin

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The consideration to add Bitcoin aligns with a broader trend of companies incorporating cryptocurrency into their investment strategies, which has been met with various market …

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Rumble Stock Price Prediction As CEO Follows MicroStrategy’s …

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Nov 20, 2024 · The prediction considers the RUM price close on Tuesday, November 19, of $5.86 per share. Rumble jumped 8.5% from Tuesday’s opening and over 4% after Chris Pavlovski’s …

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Rumble Rockets 110% In A Month, After $775M Tether Deal

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6 days ago · Rumble (NASDAQ:RUM) just landed a game-changing $775 million investment from crypto heavyweight Tether (USDT-USD), and Wall Street is buzzing. Tether is snapping up …

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Rumble Shares Surge 46% In Pre-open Trade On $775M Investment …

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Dec 23, 2024 · Shares of Rumble (NASDAQ:RUM) surged over 46% in pre-open trade on Monday following a $775 million investment from Tether, the digital assets company behind …

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FAQs about Rumble shares rise 9% as founder mulls scooping up Bitcoin Coupon?

Why did Rumble shares rise 9% in after-hours trading Tuesday?

Rumble shares rose 9% in after-hours trading Tuesday after Pavlovski posted the Bitcoin investment questions to his social media account. Investors will be watching for further developments from the company. Read Next: Image: Liam Ortiz from Pixabay © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. ...

Will Rumble become a 'Bitcoin-first' company this year?

If Rumble follows through, it will join a growing list of companies turning to Bitcoin this year. On November 18, artificial intelligence firm Genius Group implemented its “Bitcoin-first” strategy, acquiring 110 Bitcoin for $10 million. The company aims to allocate 90% of its reserves to Bitcoin. ...

Should rumble add Bitcoin to its balance sheet?

"Should Rumble add Bitcoin to its balance sheet," asked Pavlovski on X. By itself, the question might have been considered little more than a playful tease, but it quickly drew a response from MicroStrategy's (MSTR) Michael Saylor, who pioneered corporate bitcoin adoption. "Yes," responded Saylor. "I would be happy to discuss why and how with you." ...

Should you buy Rumble stock if you buy bitcoin?

It's possible that announcements of plans to buy Bitcoin would power near-term gains for Rumble stock. The cryptocurrency has been enjoying strong bullish momentum, and well-timed investments could have beneficial impacts on Rumble's bottom line and overall valuation. ...

What happened to Rumble shares?

According to Google Finance, Rumble shares closed up 2.5% at $5.68 before peaking at $6.20 after hours. They eventually stabilized at $5.78, a 1.76% increase since the market close. Headquartered in Florida and Ontario, Rumble operates a video-sharing platform known for its minimal content moderation. ...

Why did Rumble invest $250 million?

The investment also strengthens Rumble 's financial position, with $250 million of the funds earmarked to support the company's growth initiatives, including expanding its video-sharing platform and cloud services. ...