Why Rumble Stock Skyrocketed to a 52-Week High Today

After the market closed on Friday, technology company Rumble (RUM 86.80%) announced that Tether (CRYPTO: USDT) will invest $775 million. Considering Rumble was valued at around$2 billion when the investment was announced, the investment is massive. And that's why Rumble stock was up a stunning 66% as of 10:15 a.m. ET.Rumble is losing money and appreciates Tether's helpHow Tether has that much money lying around is another subject for another day. But when it comes to Rumble, investors are responding favora ...