Rumble Stock Climbs As Tether-Linked Fund Buys 777,012 Shares

Rumble stock is surging to new heights today. What’s behind RUM gains?Tether Fund Lifts Already-Large Rumble StakeThe filing shows Tether Global Investments Fund, S.I.C.A.F., S.A. and its wholly owned subsidiary Tether Investments, S.A. de C.V. purchased a total of 777,012 Class A shares of Rumble at an average price of $5.43.The buying occurred over three sessions last week: 193,702 shares on Feb. 3 at $5.4899, 538,955 shares on Feb. 5 at $5.4063, and 44,355 shares on February 6 at $5.4817.Following these ...