Rumble Stock Soars: Ai Deal & Crypto Partnership Ignite Bull Rally
Rumble shares jumped as much as 18% on Oct. 2 after announcing partnerships with AI firm Perplexity and stablecoin issuer Tether. By pre-market Oct. 3, RUM traded near $8.30, up 13% from the prior close. The company reported Q2 revenue of $25.1 million but monthly active users fell to 51 million. Tether now owns about 48% of Rumble following a $775 million investment.