Rumble (NASDAQ:RUM) Shares Down 6.4% – Here’s What Happened

Posted by Geri Gentry on Sep 9th, 2026

Rumble Inc. (NASDAQ:RUM – Get Free Report)’s stock price traded down 6.4% during trading on Wednesday . The stock traded as low as $7.83 and last traded at $7.8490. 532,581 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 2,907,737 shares. The stock had previously closed at $8.39.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on RUM shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rumble in a research note on Friday, July 24th. Wall Street Zen lowered Rumble from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Report on Rumble

Rumble Price Performance

The company has a market cap of $3.81 billion, a PE ratio of -13.04 and a beta of 1.21. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.25. The firm has a 50 day simple moving average of $7.13 and a 200-day simple moving average of $6.75.

Rumble (NASDAQ:RUM – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.18). Rumble had a negative net margin of 134.60% and a negative return on equity of 22.77%. The firm had revenue of $40.37 million during the quarter, compared to the consensus estimate of $31.23 million. During the same quarter in the prior year, the business posted ($0.12) earnings per share. The firm’s quarterly revenue was up 61.0% on a year-over-year basis. As a group, research analysts predict that Rumble Inc. will post -0.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Rumble

A number of large investors have recently made changes to their positions in the business. Cantor Fitzgerald L. P. lifted its holdings in shares of Rumble by 26.5% during the 4th quarter. Cantor Fitzgerald L. P. now owns 9,326,205 shares of the company’s stock valued at $58,942,000 after purchasing an additional 1,951,768 shares during the last quarter. Cooper Creek Partners Management LLC increased its position in Rumble by 54.1% during the 1st quarter. Cooper Creek Partners Management LLC now owns 5,242,497 shares of the company’s stock valued at $26,737,000 after buying an additional 1,840,893 shares in the last quarter. California State Teachers Retirement System increased its position in Rumble by 627.5% during the 2nd quarter. California State Teachers Retirement System now owns 516,881 shares of the company’s stock valued at $3,277,000 after buying an additional 445,828 shares in the last quarter. Barclays PLC raised its stake in Rumble by 177.8% in the fourth quarter. Barclays PLC now owns 417,454 shares of the company’s stock valued at $2,638,000 after buying an additional 267,177 shares during the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in Rumble in the third quarter valued at about $1,346,000. 26.15% of the stock is owned by institutional investors and hedge funds.

About Rumble

(Get Free Report)

Rumble Inc operates a video-sharing platform designed to offer creators and audiences an alternative to traditional social media and streaming services. The company’s primary business activities include hosting, distributing and monetizing user–generated and professional video content. Through its platform, Rumble enables content creators to retain a higher share of advertising revenue and maintain greater control over their intellectual property, while offering viewers open access to a wide range of videos spanning news, sports, entertainment and educational programming.

In addition to its core video platform, Rumble provides cloud–based video hosting and delivery services via Rumble Cloud, a content–delivery network (CDN) designed to support high–volume streaming and storage.