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Benzinga
Benzinga
AJ Fabino

Conservative Platform Rumble Is The Target of Short Seller Allegations The Company Calls 'False Innuendos'

The video platform Rumble Inc. (NASDAQ:RUM), which went public in a de-SPAC deal last month, is down 15% Thursday afternoon alongside a fresh short report on the stock from The Bear Cave. 

It should be noted the short analysis was released at approximately 10:45 a.m. ET Thursday, and shares are possibly dropping in response to yesterday's dip below the $8 level on news of an offering of 8.05 million shares of the company's stock.

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