Shares of Rumble Inc. (NASDAQ:RUM) rose sharply in today's pre-market trading after the company announced it has entered into a definitive agreement for a strategic investment of $775 million from Tether.
Tether (CRYPTO: USDT) has agreed to purchase 103.33 million shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to Rumble.
Rumble shares jumped 43.3% to $10.31 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
Losers
Now Read This: <a href=”https://www.benzinga.com/news/earnings/24/04/38307448/investor-sentiment-decreases-further-s-p-500-falls-for-fourth-straight-session”><em> Investor Sentiment Decreases Further, S&P 500 Falls For Fourth Straight Session</em></a>
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