Stock Track | Rumble Inc. Soars 5.21% as Wedbush Raises Price Target and GrabAGun Partnership Fuels Optimism

Stock Track

01/07

Rumble Inc. (RUM), the video-sharing platform known for its free speech stance, saw its stock surge 5.21% in intraday trading on Monday. This soaring movement comes on the heels of two key developments:

First, Wedbush analyst Michael Pachter raised his price target on Rumble to $13 from $10, while maintaining a Neutral rating on the stock. This price target increase reflects growing optimism about Rumble's prospects in the video hosting and streaming market.

Second, GrabAGun, an online firearms retailer set to go public, announced that Donald Trump Jr. has been named as an adviser and will be an equity shareholder in the company. Notably, GrabAGun has had a cloud-services deal with Rumble since 2021, potentially boosting Rumble's visibility and strengthening its alignment with pro-Second Amendment advocates.

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Soars 5.21% as Wedbush Raises Price Target and GrabAGun Partnership Fuels Optimism\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-01-07 00:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Rumble Inc. (RUM), the video-sharing platform known for its free speech stance, saw its stock surge 5.21% in intraday trading on Monday. This soaring movement comes on the heels of two key developments:</p>\n\n<p>First, Wedbush analyst Michael Pachter raised his price target on Rumble to $13 from $10, while maintaining a Neutral rating on the stock. 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Notably, GrabAGun has had a cloud-services deal with Rumble since 2021, potentially boosting Rumble's visibility and strengthening its alignment with pro-Second Amendment advocates.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RUM","symbol_name":"Rumble Inc.","start_time":0,"source_url":"","article_id":"1153083729","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1153083729","pubTimestamp":1736181144,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Rumble Inc. , the video-sharing platform known for its free speech stance, saw its stock surge 5.21% in intraday trading on Monday. 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This soaring movement comes on the heels of two key developments:\nFirst, Wedbush analyst Michael Pachter raised his price target on Rumble to $13 from $10, while maintaining a Neutral rating on the stock. This price target increase reflects growing optimism about Rumble's prospects in the video hosting and streaming market.\nSecond, GrabAGun, an online firearms retailer set to go public, announced that Donald Trump Jr. has been named as an adviser and will be an equity shareholder in the company. Notably, GrabAGun has had a cloud-services deal with Rumble since 2021, potentially boosting Rumble's visibility and strengthening its alignment with pro-Second Amendment advocates.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}