Professional
Added to YB: 2024-01-26
Pitch date: 2024-01-26
RUM [bearish]
Rumble Inc.
-15.11%
current return
Author Info
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Company Info
Rumble Inc. operates video sharing platforms and cloud services in the United States, Canada, and internationally.
Market Cap
$2.1B
Pitch Price
$6.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
-18.84
P/E
-5.17
EV/Sales
17.48
Sector
Interactive Media and Services
Category
special_situation
[SHORT] $RUM deal with Barstool is likely overpromising
$RUM touts Barstool deal but suspiciously mum on key terms; Portnoy admits undisclosed cash & stock comp. Ongoing SEC probe, likely horrific economics as $RUM gives away revs, cash, equity in latest promo stunt. Portnoy: "wish I could have insider traded this." Remain very bearish.
Read full article (1 min)