Rumbling (NASDAQ: RUM) shares recorded explosive positive factors during 2024. The video streaming company’s stock ticker jumped 189.8% better over the last twelve months of trading, in step with S&P Global Market Intelligence files.
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YCharts RUM files
Rumble shares saw a mountain of positives in 2024 due to new deals in big materials, political headwinds and inroads into the cryptocurrency house. However, the company’s stock began to appear to be the main approach to retreat after the very closing twelve months, and promotions continued into 2025.
The Rumble stock had a significant year of 2024
Rumble stock has seen some definite positive factors in the early last twelve months after the company announced that it has formed a loyal partnership with Barstool Sports activities. With its deal, Barstool brought grunt material to video streaming platform Rumble and established an advertising relationship with the company.
Months later, Rumble stock saw reasonable ups and downs. However, the stock started to rise mainly until and after the victory of Donald Trump in the presidential election. It’s worth noting that the bulk of the material at the Rumble leans toward the coolest aspect of the political altar, and a few traders bought stock to pile on the gains on the Trump election.
Then, on November 25, Rumble released a press release detailing its new approach to cryptocurrency. According to the announcement, the company admitted that it has begun planning to buy up to $20 million in value Bitcoin. The stock took a win after the announcement, but reversed itself as other crypto-related data drove even better positives.
On December 20, Rumble announced that it had secured a $775 million investment from Tether, a company that benefits Tether stable coin. Through the deal, Rumble appears to promote Tether with $775 million worth of new shares at $7.50 per share. The streaming specialist will use $250 million of the cash from the stock sale to fund its growth initiatives and an alternative $525 million to acquire merit stock from other large shareholders. Rumble stock has seen huge positive factors on the information, with some traders betting that the company will be clearly in the early stages of seeing major crypto-related headwinds.
Why is Rumble stock sinking in 2025?
After a solid last twelve months, Rumble stock experienced a hilly retreat in early 2025 trading. As of this writing, the company’s stock has fallen 15.8% in the twelve months to this level.
Rumble shares were falling due to the growing factors of macroeconomic problems. Fresh US jobs files released by the Bureau of Labor Statistics raised concerns that inflationary pressures may finally have stopped being stronger than previously expected. As a result, the Federal Reserve could probably take extra caution in the ability to cut hobby interest rates — which would be a tainted building block for rising stocks.
Given that the company is currently valued at around 27.4x expected twelve-month sales, Rumble has an extremely growth-dependent valuation and could likely see the stock shrink further if macroeconomic pressures intensify. Additionally, it’s not yet decided whether the Tether business will replace the company’s fundamentals much.
While the influx of cash would likely serve the company well in funding its operations and finding growth avenues, streaming platform Rumble has dropped references to engagement and monetization numbers. Political headwinds and crypto connections could likely give the stock a boost, but traders should always keep an eye on this stock’s performance and be aware that it’s a nasty play.
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Keith Noonan has no map in any of the stocks mentioned. The Motley Fool has positions in Bitcoin and recommends it. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are those of the author and do not necessarily represent the views and opinions of Nasdaq, Inc.
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