Rumble has been making headlines since Monday this week after its CEO offered Rogan a $100 million contract lasting for four years to move his show to the Rumble video platform. Currently, Rogan’s podcast is hosted on Spotify.
The stock then went on to rally as December came to an end after Rumble signed a deal with former President Donald Trump’s social media platform TRUTH Social.
To help stock traders eying the Rumble stock (CFVI), Invezz has created a brief article on what it is and the best places to trade it.
To find out more, please continue reading.
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What is Rumble stock (CFVI)?
Rumble stock (CFVI) is the stock of Rumble, a video-sharing platform that is shaping up as a major YouTube competitor.
Rumble went public after it partnered with CF Acquisition Corp. VI (CFVI) in December; a merger that valued Rumble at $2.1 billion. The company formed after the merger retained the name Rumble but uses the ticker CFVI on the stock market.
The CFVI stock is listed on Nasdaq under the ticker NASDAQ: CFVI.
