StockNews.AI
RUM
StockNews.AI
50 days

Rumble Joins Russell 2000® and 3000® Indexes

1. Rumble has been added to Russell 2000 and 3000 indexes. 2. Index membership boosts potential institutional ownership of RUM shares. 3. Russell indexes benchmark $10.6 trillion in assets. 4. Rumble aims to increase awareness in the investment community. 5. This year has been transformational for Rumble according to CEO.

7m saved
Insight
Article

FAQ

Why Bullish?

Inclusion in Russell indexes often leads to increased demand from institutional investors, which can uplift stock prices. Historical examples show stocks entering major indexes often experience a price surge as new investment flows in.

How important is it?

The news directly affects RUM's accessibility to institutional investors, suggesting a strong positive influence on its stock price. This could significantly amplify trading volume and investor interest in Rumble.

Why Short Term?

The inclusion in the Russell indexes will attract institutional investors immediately, likely influencing stock price in the short run. Similar cases have previously seen immediate market reactions to index changes.

Related Companies

IWMRUTRSP
June 30, 2025 09:00 ET  | Source: Rumble, Inc. LONGBOAT KEY, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- Rumble Inc. (Nasdaq: RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, today announced that it has been added as a member of the Russell 2000® and the Russell 3000® indexes, effective after the U.S. equity markets opened on June 30, 2025, as part of the 2025 Russell indexes reconstitution. Annual Russell indexes reconstitution captures the 3,000 largest U.S. stocks, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which currently remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Rumble’s Chairman and CEO, Chris Pavlovski, commented, “We are pleased to announce that our Class A shares have been added to the Russell 2000 Index, a leading performance benchmark for the North American markets. It has been a transformational year thus far at Rumble, and it is our belief that the addition of Rumble to the Russell 2000 Index will further increase awareness and ownership of our stock in the institutional investment community.” Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's U.S. indexes. FTSE Russell, a leading global index provider, administers these indexes. About Rumble Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble's mission is to restore the internet to its roots by making it free and open once again. For more information, visit corp.rumble.com. About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent, rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.  FTSE Russell is wholly owned by the London Stock Exchange Group.  For more information, visit FTSE Russell. Forward-Looking Statements Certain statements in this press release constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements contained in this press release that are not historical facts are forward-looking statements and include, for example, statements related to the increased ownership of our stock by institutional investors and the implied potential impact on the price. The forward-looking statements speak only as of the date hereof and are based on the current expectations of the management of the Company as applicable and are inherently subject to uncertainties and changes in circumstances. These forward-looking statements involve many risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. For more information about risks facing the Company, see the Company’s annual report on Form 10-K for the year ended December 31, 2024 and other filings the Company makes with the SEC from time to time. We do not intend, and, except as required by law, we undertake no obligation to update any of our forward-looking statements after the issuance of this release to reflect any future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. For investor inquiries, please contact: Shannon DevineMZ Group, MZ North America203-741-8811investors@rumble.com Source: Rumble Inc.

Related News