Where Will Rumble Stock Be in 3 Years?
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Rumble (NASDAQ: RUM), a streaming video platform for smaller content creators that was founded in 2013 as an alternative to YouTube, went public by merging with a special purpose acquisition company (SPAC) just over two years ago. The combined company's stock started trading at $12.44 on the first day, but it now trades at about $6.Rumble's stock was cut in half as its growth slowed down, it shed active users, it racked up persistent losses, and rising interest rates compressed its valuations. But could this underdog of the streaming video market bounce back over the next three years?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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