RUM Stock Summary and Trading Ideas (Rumble - Class A | NASDAQ:RUM)

Rumble Inc is a free-to-use video-sharing platform where users can watch, share, like, comment, and upload their own videos. Users can subscribe to channels to stay in touch with recent creator content and access video-on-demand uploaded, and live content streamed, by creators. Geographically, it generates a majority of its revenue from the United States.

Rumble - Class A trades on the NASDAQ stock market under the symbol RUM.

As of February 10, 2025, RUM stock price declined to $12.35 with 963,020 million shares trading.

RUM has a beta of 2.71, meaning it tends to be more sensitive to market movements. RUM has a correlation of 0.11 to the broad based SPY ETF.

RUM has a market cap of $3.51 billion. This is considered a Mid Cap stock.

Last quarter Rumble - Class A reported $25 million in Revenue and -$.15 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.03.

The top ETF exchange traded funds that RUM belongs to (by Net Assets): VTI, VB, VBK, VXF, KOMP.

RUM has outperformed the market in the last year with a return of +53.2%, while the SPY ETF gained +22.9%. In the last 3 month period, RUM beat the market returning +115.5%, while SPY returned +1.9%. However, in the most recent 2 weeks RUM has underperformed the stock market by returning -9.3%, while SPY returned -0.5%.

RUM support price is $11.99 and resistance is $13.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RUM shares will trade within this expected range on the day.