Trade of the Day: Buy Rumble (RUM) Stock Call Options as Trump Trades Gain
Rumble (RUM) Investor Place·2024-07-16 19:58
Following an assassination attempt on former President Donald Trump over the weekend, investors witnessed a rally in several so-called Trump trades on Monday. One such company that gained was Rumble (NASDAQ:RUM), a video-sharing platform that appeals to consumers interested in free speech and censorship-free content. RUM stock closed out Monday up by more than 20%. With reelection odds for Trump climbing higher, it seems that investors are committing to these trades, creating an interesting narrative for Ru ...