Rumble Stock Surges 253% in a Year: Is There More Room to Run in 2025?
Rumble (RUM) ZACKS·2025-01-18 02:06
Rumble (RUM) shares have skyrocketed 253% in the trailing 12-month period compared with the Zacks Computer & Technology sector’s return of 28.4% and the Zacks Internet - Software industry’s rise of 26.4%.The uptick can be attributed to strong audience monetization growth, particularly through increased Rumble Premium subscriptions and higher revenues from its Rumble Advertising Center, alongside a significant surge in user engagement, driven by the U.S. presidential election.In the third quarter of 2024, Ru ...