Why CF Acquisition Corp. VI Stock Popped 29% Today

Shares of special purpose acquisition company (SPAC) CF Acquisition Corp. VI (NASDAQ: CFVI) had surged 29.2% as of 1:10 p.m. ET Monday, after the company that this SPAC plans to merge with and take public, Rumble, made a public bid to get Joe Rogan to leave Spotify Technology for Rumble.

If you're not familiar with Rumble, check out this quick primer from my colleague Rich Duprey, who explains how Rumble aims to become a platform for artists who've been "canceled" on Facebook, Twitter, and YouTube.

Image source: Getty Images.

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Source Fool.com