10 Firms Kick Off 2025 Trading in The Red

4. Rumble Inc. (NASDAQ:RUM)

Rumble Inc.’s shares dropped for a fourth day, losing 4.69 percent or 0.61 points to end at $12.40 each amid the lack of fresh catalysts to perk up buying.

Prospects for Rumble, however, remained positive after the company recently clinched a strategic investment worth $775 million from Tether, the largest company in the digital assets industry and the most widely used dollar stablecoin globally with more than 350 million users.

Over the last few years, Tether has become one of the most recognized symbols of financial inclusion.

According to Rumble (RUM), a total of $250 million of the proceeds will be used to support growth initiatives, and the remaining proceeds to fund a self-tender offer for up to 70 million Class A common shares.