Why Rumble Stock Was Soaring Today
RUMRumble (RUM) The Motley Fool·2024-11-12 06:41

The conservative media site is finally cashing on Trump's victory.Shares of Rumble (RUM 18.00%) surged today as it continued to ride a wave of support following President-elect Trump's victory last Tuesday. It was one of several stocks in the so-called "Trump trade" to gain on Monday as Tesla and cryptocurrencies like Bitcoin also popped. There wasn't any major company-specific news out on Rumble, which is essentially a conservative alternative to YouTube, but there was one item that could have spurred gain ...