M3-Brigade Acquisition III Corp
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Company profile

M3-Brigade Acquisition III Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It has not selected any specific business combination target and has not engaged in any substantive discussions, directly or indirectly, with any business combination target. The Company intend to focus on the renewable energy sector. The Company neither engages in any business operations nor generates any revenues.

Closing Price
Day's Change
0.68 (9.88%)
B/A Size
Day's High
Day's Low

10-day average volume:

Rumble stock slides after bigger-than-expected loss, says David Sacks will join board of directors

4:47 pm ET May 15, 2023 (MarketWatch)

Shares of Rumble Inc. (RUM) fell after hours on Monday after the right-wing social-media and video platform reported a bigger first-quarter loss than expected and a drop-off in engagement from the fourth quarter, when the U.S. midterm elections drove greater site activity. Rumble also said that it acquired CallIn, a podcasting and live-streaming platform founded by tech entrepreneur and former PayPal chief operating officer David Sacks, and said Sacks would join its board of directors next month. Rumble reported a first-quarter net loss of $28.7 million, or 14 cents a share, compared with $3.9 million, or 2 cents a share, in the same quarter last year. Revenue increased more than four-fold to $17.6 million. Analysts polled by FactSet expected Rumble to lose 4 cents a share, on $15.9 million in sales. Average minutes watched per month rose 3% year-over-year to 10.8 billion, but fell from 11.1 billion in the fourth quarter. Monthly active users increased 17% year-over-year during the quarter to 48 million, but that was down from 80 million in the fourth quarter. Shares fell 8.4% after hours.

-Bill Peters

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.


(END) Dow Jones Newswires

May 15, 2023 16:47 ET (20:47 GMT)

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