Rumble Stock Soars After $775 Million Investment from Tether

Reported 2 days ago

Rumble's stock surged by 83% following a $775 million investment from the cryptocurrency firm Tether, aimed at acquiring a stake at $7.50 per share. This influx of capital alleviates liquidity concerns for investors and may support Rumble's growth and balance sheet enhancement, although Tether will not influence board member appointments.

Source: YAHOO

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