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Investing.com -- Rumble (NASDAQ:RUM) stock gained 5% on Monday after Vice President JD Vance announced he would host Charlie Kirk’s show on the video platform.
Vance shared on social media that he would be hosting the program at 12:00 PM ET on Tuesday, stating he would "pay tribute to my friend" Kirk, who was killed on September 10 while speaking at Utah Valley University.
The announcement appears to have boosted investor confidence in Rumble , which positions itself as an alternative video platform to YouTube. Kirk was a prominent conservative political activist and co-founder of Turning Point USA, with a significant following in conservative circles.
Rumble has gained traction among conservative content creators and audiences in recent years. The platform has marketed itself as supporting free speech and providing a home for creators who feel restricted on mainstream platforms.
Kirk, who was 31 at the time of his death, was known for his work promoting conservative viewpoints on high school and college campuses and was a prominent figure in the "Make America Great Again" movement.
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