Mid-Cap

One RUM- Listed Online Services Stock at Resistance Level: RUM

December 23, 2024 | Team Kalkine
One RUM- Listed Online Services Stock at Resistance Level: RUM
Image source: shutterstock

RUM:NASDAQ
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (US$)

Rumble Inc. (NASDAQ: RUM) 

Rumble Inc. (NASDAQ: RUM) is a video sharing platform and cloud services provider. The Company comprises two segments: Rumble Services and Rumble Cloud. Rumble Services consists of three core businesses: Rumble Video, Rumble Studio, and Rumble Advertising Center (RAC).

As per our previous US Dailies report published on ‘RUM’ on 20th Dec 2024, Kalkine provided an Buystance on the stock at USD 7.21 based on fundamental analysis and the stock price has now moved by ~92.93% since then and is trading above target 2.

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