Rumble Inc (RUM)

Rumble Inc (RUM) stock declined by 8.74% due to an insider selling activity. Wojciech Hlibowicki, Chief Technology Officer of Rumble Inc, executed a sale of 275,000 shares in the company on April 1, 2024, according to a recent SEC filing. Over the past year, the insider has sold a total of 275,000 shares and has not made any purchases of the company's stock. This recent transaction reflects a continuation of this selling trend. The insider transaction history for Rumble Inc shows a pattern of insider sales, with 0 insider buys and 5 insider sells over the past year. These insider tradings raised concerns among investors, leading to a decline in stock's price.

Rumble Inc Stock (RUM) dropped by 4.05% from $4.69 to $4.50 in the trading on Monday November 13, 2023. The reason why RUM stock down today is due to the third-quarter earnings report. Both the figures are under the expectation of the analysts, which is the reason causing RUM stock down today

• Quarterly losses of 14 cents per share, missing the consensus estimates of losses of 17 cents, down from one cent per share from the same period last year.
• Quarterly sales of $17.98 million, falling short of the analyst consensus estimate of $25.36 million. The figure represents a 63.73% increase over sales of $10.98 million in the same period last year.

Rumble (RUM) stock is sinking 7.07% on Friday following the expiration of its lockup period, opening the door for insiders at the company to sell shares of its stock.

https://www.fool.com/investing/2023/09/22/why-rumble-stock-is-plummeting-this-week/

Rumble's stock declined by approximately 12.7% on Monday, from $6.79 to $5.93, following the expiration of the lock-up period, which had prevented insider selling. Founder and CEO Chris Pavlovski, holding an unusually high 44.6% of the company's shares, can now theoretically sell his holdings after the lock-up concluded.

https://www.fool.com/investing/2023/09/18/heres-why-rumble-stock-dropped-today/