Rumble Shares Down On Q4 Report, Guidance, Analyst Says ‘Engagement And Monetization Were Weaker Than Expected’
Rumble had user growth in the fourth quarter, but saw weaker-than-expected engagement and monetization. One analyst offers a take.
What’s Going On With Rumble Stock Thursday?
Rumble said fourth-quarter revenue increased 2% year-over-year to $20.39 million, which missed the consensus estimates of $28.13 million, according to Benzinga Pro. The company reported a loss of 14 cents per share, which beat estimates for a loss of 22 cents per share.
MillerKnoll Posts Weak Sales, Joins Chemours, Rumble And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining by around 10 points on Thursday.
Rumble Q4 Earnings Highlights: Revenue Miss, EPS Beat, Rumble Cloud ‘Biggest Accomplishment To Date’
Rumble reported fourth-quarter results and shared an update on future profitability of the company.
Earnings Scheduled For March 27, 2024
Companies Reporting Before The Bell
• Local Bounti (NYSE:LOCL) is projected to report quarterly loss at $2.41 per share on revenue of $8.70 million.
What’s Going On With Rumble Stock?
Rumble shares are trading higher Tuesday, possibly in sympathy with Trump Media & Technology Group Corp. after the company debuted on the Nasdaq Tuesday. Trump Media & Technology Group made its debut on the Nasdaq Tuesday and is trading up 35% at the time of publication.
“Biden Administration Pursuing Tiktok Over Data Practices; A Privacy Case Against TikTok Would Add Fuel To The Bipartisan Chorus Of Criticism Directed At The Company Over Its Ties To China” – Politico
https://www.politico.com/news/2024/03/26/biden-administration-tiktok-data-practices-00149139The Federal Trade Commission has been investigating TikTok over allegedly faulty privacy and data security practices, and could
Looking Into Rumble’s Recent Short Interest
Rumble’s (NYSE:RUM) short percent of float has risen 70.42% since its last report. The company recently reported that…
Top 5 Tech And Telecom Stocks That May Fall Off A Cliff This Quarter
As of Feb. 9, 2024, five stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Trump’s Spot On 2024 Colorado Ballot In Hands Of Supreme Court: Justices Focus On 14th Amendment, Former President Calls Hearing ‘A Very Beautiful Process’
The US Supreme Court heard arguments related to the removal of Donald Trump from the 2024 election ballot in Colorado. Key takeaways and what's next.