Previous close | 6.49 |
Open | 6.54 |
Bid | 6.29 x 500 |
Ask | 6.33 x 500 |
Day's range | 6.28 - 6.57 |
52-week range | 3.33 - 11.25 |
Volume | |
Avg. volume | 2,470,614 |
Market cap | 1.777B |
Beta (5Y monthly) | 0.88 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of $1 billion. The suit alleges Google has monopolized the ad stack "by buying companies up and down the chain, concurrently representing both ad buyers and sellers, while also running the exchange that connects those parties." Rumble has accused Google of maintaining its monopoly by reaching an agreement with Meta's Facebook to prevent Facebook from offering alternatives to Google's ad tech ecosystem.
On today's episode of Market Domination Overtime, Hosts Josh Lipton and Julie Hyman discuss the day's market performance and the aggressive rise in meme stock activity. The Dow Jones Industrial Average (^DJI) broke its eight-day win streak. The S&P 500 (^GSPC) closed just below its flatline, while the Nasdaq Composite (^IXIC) ended 0.29% higher. Meme stocks popped after "Roaring Kitty," best known for the 2021 GameStop (GME) short squeeze, made a return on social media. Yahoo Finance's Josh Schafer joins the show to discuss the implications of this rally and Head Moderator of r/WallStreetBets Noor Al gives insights into the renewed interest in meme stocks. Lastly, Josh Lipton and Julie Hyman break down what to watch on Tuesday, May 13, from President Biden announcing new tariffs on Chinese electric vehicles, to the Producer Price Index (PPI), to major earnings like Home Depot (HD), Alibaba Group (BABA), On Holding (ONON), Rumble (RUM), and Jack in the Box (JACK). This post was written by Melanie Riehl
On May 6, 2024, Robert Arsov, Director at Rumble Inc (NASDAQ:RUM), sold 35,000 shares of the company.