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Why Did Rumble Stock Fall Today?

TheMotleyFool

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Why Did Rumble Stock Fall Today?: https://g.foolcdn.com/editorial/images/709730/business-person-thoughtful.jpg

Shares of user-generated video platform Rumble (NASDAQ: RUM) fell on Wednesday. There wasn't any news that made it fall -- if anything, the news cycle has been generally positive for the company over the last few days.

And maybe that's causing some traders to cash out today. Whatever the reason, Rumble stock was down 10% as of 2:30 p.m. ET.

Rumble is seen as an alternative to top-dog YouTube (owned by Alphabet) for content creators looking to escape censorship. Because of this dynamic, the platform's strongest supporters often lean to the right in U.S. politics.

Source Fool.com

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