What's Going On With Rumble Stock?
Portfolio Pulse from Erica Kollmann
Rumble, Inc. (NASDAQ:RUM) shares are experiencing high trading volume after CEO Chris Pavlovski tweeted about the short interest in the company's stock. Other conservative media companies' stocks, including Digital World Acquisition Corp. (NASDAQ:DWAC) and PSQ Holdings, Inc. (NASDAQ:PSQH), are also making large price moves. Rumble shares are currently trading 3.66% lower at $7.90.
July 21, 2023 | 4:10 pm
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POSITIVE IMPACT
Digital World Acquisition Corp. shares have seen a surge after the company announced a settlement with the SEC.
The announcement of a settlement with the SEC has led to a surge in the company's shares, indicating a positive short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
PSQ Holdings, Inc. shares rose dramatically after Donald Trump Jr. tweeted his support for Colombier Acquisition Corp. and rumors of a deal with Tucker Carlson spread.
Donald Trump Jr.'s tweet and rumors of a deal with Tucker Carlson have led to a dramatic rise in the company's shares, indicating a positive short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Rumble, Inc. shares are experiencing high trading volume after CEO's tweet about short interest. The shares are currently trading 3.66% lower.
The CEO's tweet about the short interest in the company's stock has led to high trading volume and a decrease in the share price. This indicates a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100