financetom
Business
financetom
/
Business
/
Why Rumble Stock Is Rising Monday: 'Laser-Focused' On Gaming, Crypto Expansion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Why Rumble Stock Is Rising Monday: 'Laser-Focused' On Gaming, Crypto Expansion
Nov 25, 2024 11:07 AM

Rumble Inc ( RUM ) shares are trading higher Monday after the company announced that streamer Dr. Disrespect will provide exclusive content to Rumble Premium and lead Rumble Gaming as an advisor.

What Happened: Rumble announced Monday morning that Dr. Disrespect will begin streaming his content on the Rumble platform as part of an agreement that includes equity with milestones as a majority of its compensation.

Dr. Disrespect is set to provide exclusive content to Rumble Premium for his “Champions Club” community and lead Rumble Gaming, acting as an advisor and helping build the Rumble Gaming community.

Dr. Disrespect will make his Rumble debut on Dec. 2. Rumble will be offering a $10 discount for new subscribers to his community as part of the launch.

“Rumble is in a new era, and I’m laser-focused on expanding into two categories: gaming and crypto. Dr Disrespect will give a much-needed injection into our gaming category,” said Chris Pavlovski, chairman and CEO of Rumble.

See Also: Trump’s Commerce Secretary Pick Howard Lutnick’s Fund Owns $1.19B In Nvidia, $804M In Tesla: Here Is A Look At His Portfolio

How To Buy RUM Stock

By now you're likely curious about how to participate in the market for Rumble – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share.

In the case of Rumble, which is trading at $7.23 as of publishing time, $100 would buy you 13.83 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

RUM Price Action: Rumble shares were up 13.3% at $7.35 at the time of publication, according to Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mexican president says Pemex to wean off finance ministry's support by 2027
Mexican president says Pemex to wean off finance ministry's support by 2027
Aug 5, 2025
MEXICO CITY, Aug 5 (Reuters) - Mexican President Claudia Sheinbaum on Tuesday said the country's highly-indebted state oil company Petroleos Mexicanos (Pemex) will not need the finance ministry's support beginning in 2027. In Sheinbaum's morning news conference, Mexican Finance Minister Edgar Amador said the government is aiming for Pemex to finance its own operating expenses by 2027, and that it...
Australia regulator says YouTube, others 'turning a blind eye' to child abuse material
Australia regulator says YouTube, others 'turning a blind eye' to child abuse material
Aug 5, 2025
SYDNEY (Reuters) -Australia's internet watchdog has said the world's biggest social media firms are still turning a blind eye to online child sex abuse material on their platforms, and said YouTube in particular had been unresponsive to its enquiries. In a report released on Wednesday, the eSafety Commissioner said YouTube, along with Apple, failed to track the number of user...
Kingstone Names Randy Patten as CFO
Kingstone Names Randy Patten as CFO
Aug 5, 2025
10:04 AM EDT, 08/05/2025 (MT Newswires) -- Kingstone (KINS) said Tuesday it appointed Randy L. Patten as the company's chief financial officer, starting Aug. 25. Patten most recently served as chief accounting officer and treasurer of NEXT Insurance, according to a statement. Price: 15.86, Change: +0.02, Percent Change: +0.09 ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved