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Zazove Associates LLC boosted its stake in shares of Rumble Inc. (NASDAQ:RUMBW – Get Rating) by 61.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 852,685 shares of the company’s stock after buying an additional 325,439 shares during […]
DA Davidson reissued their buy rating on shares of Rumble (NASDAQ:RUM – Get Rating) in a report released on Friday morning, Benzinga reports. The firm currently has a $15.00 price target on the stock. Separately, Oppenheimer started coverage on Rumble in a research note on Friday, December 2nd. They issued a market perform rating on […]
DA Davidson reissued their buy rating on shares of Rumble (NASDAQ:RUM – Get Rating) in a report released on Friday morning, Benzinga reports. The firm currently has a $15.00 price target on the stock. Separately, Oppenheimer started coverage on Rumble in a research note on Friday, December 2nd. They issued a market perform rating on […]
The special purpose acquisition company SPAC IPO boom of 2021 fizzled in 2022 as SPAC IPO activity declined sharply—a trend that will likely continue in 2023. In 2021, there were a record-breaking 613 SPAC IPOs whereas, as of March 2023, there have only been seven SPAC IPOs. This marked decrease in SPAC IPO activity has been driven by rising interest rates, inflation and changes in the regulatory landscape due to increased scrutiny by the SEC. That said, mergers between U.S.-listed SPACs and targets a de-SPAC transaction have proven to be more resilient than might be expected, as new busine...
Shares of Rumble Inc. and Digital World Acquisition Corp. — both social-media-focused companies seeking to galvanize right-leaning users — raced higher after…