--- title: "Weekly Recap | RUM +26.78%, driven by Anthropic contract rumour" type: "News" locale: "en" url: "https://longbridge.com/en/news/299513945.md" description: "RUM gained 26.78% this week to close at $9.09, while the S&P 500 slipped 0.08%, leaving RUM ahead of the benchmark by about 26.86 percentage points. The pattern was a thrust higher followed by high-level chopping. Monday opened at $7.672 above the prior close of $7.17 and quickly jumped to $8.652 before settling at $8.000. Tuesday and Wednesday consolidated around $8.2-8.3, Thursday lifted to $8.890, and Friday opened higher and touched the weekly high of $9.350 before closing at $9." datetime: "2026-09-19T06:39:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299513945.md) - [en](https://longbridge.com/en/news/299513945.md) - [zh-HK](https://longbridge.com/zh-HK/news/299513945.md) generator: "portal-rs" --- # Weekly Recap | RUM +26.78%, driven by Anthropic contract rumour ## The Week RUM gained 26.78% this week to close at $9.09, while the S&P 500 slipped 0.08%, leaving RUM ahead of the benchmark by about 26.86 percentage points. The pattern was a thrust higher followed by high-level chopping. Monday opened at $7.672 above the prior close of $7.17 and quickly jumped to $8.652 before settling at $8.000. Tuesday and Wednesday consolidated around $8.2-8.3, Thursday lifted to $8.890, and Friday opened higher and touched the weekly high of $9.350 before closing at $9.09. Weekly amplitude was 23.07%, with turnover of about 59m shares. Daily volume averaged roughly 2.7 times the 60-day median, and the price stood above both the 20-day and 60-day moving averages. ## Key Events The week was dominated by talk of a compute contract between RUM and Anthropic. On 14 September, reports identified Anthropic as the mystery customer behind RUM’s previously disclosed $13.7bn GPU services contract. RUM surged in pre-market and intraday trading, rising more than 13% early and over 15% later in the session. The story carried into 15 September, with discussion broadening to the Trump-linked background of the Rum group and whether Anthropic’s AI compute demand could lift the IPO valuation. RUM still posted roughly a 13% gain in regular trading that day. By 18 September, the theme was still appearing in intraday moves among streaming and communication services names, with RUM holding its gains. All 13 items from the week clustered around Monday and Tuesday, pointing to one major contract rumour as the main driver. ## Analyst Ratings Among the two firms covering RUM, one rates it buy and one rates it hold, with a consensus rating of hold. The consensus target price is $22, about 142.02% above the latest price of $9.09. The target range consists of a single value of $22, reflecting a thin coverage sample with little room for dispersion. RUM ranks 42nd within its industry, in the lower half of 58 companies in the Internet Content & Information sector. ## The Week Ahead There are no RUM earnings or company events on the calendar next week. On the macro side, watch the Richmond Fed composite index on 22 September, EIA weekly crude and Cushing crude inventories on 23 September, and initial jobless claims, current account balance, new home sales and EIA natural gas storage on 24 September. For RUM itself, the more direct question is whether the Anthropic contract rumour receives formal confirmation or further disclosure, which will be the key test for whether this week’s advance holds. ## In Short This week’s rally was fuelled by a single positive rumour, with prices moving up on heavy volume and sharply outperforming the S&P 500. At the same time, sell-side coverage is limited to two firms, the consensus rating is hold, and although the consensus target sits well above spot, the sample is too thin for meaningful disagreement. RUM remains loss-making with a negative P/E. On the latest trading day, large and medium order flow both leaned to the sell side, so the price move has not yet been matched by capital inflows. Going forward, the key is whether the contract story firms up and whether trading activity can be sustained at these levels. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [RUM.US](https://longbridge.com/en/quote/RUM.US.md) ## Related News & Research - [Neocloud thinks AI agents - not meatbags - will be its main customers](https://longbridge.com/en/news/303365740.md) - [Rumble (RUM) Reports Earnings Tomorrow: What To Expect](https://longbridge.com/en/news/295312781.md) - [Is SpaceX Stock Worth Buying While It's Below $140?](https://longbridge.com/en/news/304084857.md) - ['It's Only a Matter of Time,' Says Top Investor About Micron Stock](https://longbridge.com/en/news/304152386.md) - [Binance co-CEO Richard Teng says hackers used fake job interviews, AI tool to steal $6.3 billion in crypto 108511116](https://longbridge.com/en/news/304145542.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**