What's Going On With Rumble Stock?

Rumble Inc. RUM shares are trading higher Tuesday, possibly in sympathy with Trump Media & Technology Group Corp. DJT after the company debuted on the Nasdaq Tuesday. 

What To Know: Trump Media & Technology Group debuted on the Nasdaq Tuesday.

Rumble CEO Chris Pavlovski congratulated the company and its CEO on the social media platform, X. 

"A big congrats to one of our largest cloud partners and advertising publishers $DJT on going public. @devinnunes deserves a huge amount of credit getting this over the finish line, such an incredible accomplishment," Pavlovski posted. 

Pavlovski also appeared on Fox Business "Cavuto’s Coast To Coast" Tuesday and discussed Rumble's offer to buy TikTok. 

Rumble is set to report its fourth-quarter financial results Wednesday after the bell. According to estimates from Benzinga Pro, the company is expected to report losses of 22 cents per share and quarterly revenue of $28.127 million. 

Related News: WallStreetBets Is Buzzing About Digital World Stock Ahead Of Trump Media’s First Trade Under DJT Ticker

How to Buy Rum Stock: Besides going to a brokerage platform to purchase a share — or fractional share — a person can also gain access by buying an exchange-traded fund (ETF) that holds the stock itself, or by allocating funds for a 401(k) that would have shares in a mutual fund or other instrument.

For example, in Rumble’s case, look at the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

RUM Price Action: According to Benzinga Pro, Rumble shares closed on Tuesday up 16.10% at $57.99.

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