Rumble stock soared in 2024 but is sinking in 2025 due to macroeconomic risks
From Nasdaq: 2025-01-11 19:01:11
Rumble (NASDAQ: RUM) stock soared 189.8% in 2024, driven by new content deals, political support, and a move into cryptocurrency. However, the stock has seen a 15.8% decline in 2025 due to rising macroeconomic risks and concerns about the company’s fundamentals. Rumble’s partnership with Tether brought in $775 million but may not have a significant impact. Investors should approach Rumble as a risky play with potential boosts from political and crypto ties. The Motley Fool’s Stock Advisor team did not include Rumble in their 10 best stocks to buy, suggesting caution before investing in this volatile stock.
Read more at Nasdaq: Why Rumble Stock Skyrocketed 189.8% in 2024 but Is Sinking in 2025