Why Rumble Stock Is Plummeting This Week

Rumble stock is seeing big sell-offs in the face of macroeconomic risk factors, and the business's fundamentals look shaky.Rumble (RUM -2.49%) stock is sinking in this week's trading. The company's share price was down 12.5% from last week's market close of as of 1 p.m. ET Thursday, according to data from S&P Global Market Intelligence.Rumble stock is losing ground this week following recent interest rate news from the Federal Reserve. While the Fed announced the 25-basis-point interest rate cut that invest ...