Why Rumble Stock Was Soaring Today
Shares of Rumble (NASDAQ: RUM) 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 gains in the stock.
Rumble stock closed up 18% on the day.
Image source: Getty Images.
Source Fool.com
Tesla Inc Aktie
269,85 €
0,84 %
Die Community sieht Tesla Inc leicht positiv: Mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 410 € für Tesla Inc würde eine Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 269.85 € bedeuten.
