Evaluate the timing and opportunity of Rumble’s stock price fluctuations in a changing media and cryptocurrency landscape
Source: CoinWorld
Time: 2025-09-11 08:10:16
Rumble Inc. (RUM) shares rose 63.13% over the past year despite net losses in the second quarter, thanks to strong cash reserves of $301.3 million and strategic moves to enter the AI and cryptocurrency sectors. The company acquired Northern Data, an artificial intelligence company, and plans to launch Rumble Wallet in the third quarter of 2025 to adapt to industry growth trends. Analysts gave it a "medium buy" rating with an average target price of $14.50, but financial instability and unclear equity structure pose risks.