Rumble's Litigation Against Google Is An Interesting Litigation Trade
RUMRumble (RUM) Seeking Alpha·2024-08-14 09:57
DNY59 Usually, I never invest based on litigation, but there is significant upside potential for Rumble's (NASDAQ:RUM) multiple lawsuits against Google/Alphabet Inc. (GOOG)(GOOGL) and some advertisers without much downside risk, except large legal fees. The actual major negative is "time". Litigation often takes many years before it is resolved. Rumble also just released their 2Q results after the close on August 12. Revenue decreased to $22.47 million from last year's 2Q $24.97 million. The loss per sh ...