Market News / Story
RUM Stock Jumps Premarket: Analyst Sees Over 200% Upside, Says AI Shift Not Yet Priced In
Stocktwits ·
Stocktwits reports: RUM Group (RUM) stock ticked higher in Wednesday’s premarket as Lake Street initiated coverage, implying more than 200% upside. The analyst sees RUM’s pivot into AI data centers and neocloud infrastructure as a major value driver, adding that investors have yet to fully price in the transformation. RUM Group stock edged up nearly 4% in Wednesday’s premarket, after a 3% gain on Tuesday. Lake Street Sees 200% Upside For RUM On Tuesday, Lake Street started coverage of RUM…