on Conservative Broadcast Media & Journalism, Inc. (NASDAQ:CBMJ)
CBMJ Stock Surges Unexpectedly by 296.48% Since July
Conservative Broadcast Media & Journalism Inc., the parent company of Patriot.TV, has seen an unprecedented 296.48% rise in stock since July 6. This surge surpasses major competitors such as Newsmax, Fox, and Disney. Within just one week, shares increased by 127.49%, with a single-day growth of 63.64%, marking CBMJ as the top-performing media stock in America.
Two significant trends have supported this growth. First, viewers are turning away from legacy media networks, seeking fact-based content offered by Patriot.TV. Second, the decline in cable subscriptions contrasts with Patriot.TV's success in the streaming space, supported by platforms like Rumble.
The platform's expansion under CEO JD Rucker has been pivotal, with new original programs and partnerships augmenting its presence. As cable giants face declines, CBMJ is capitalizing on evolving viewer preferences.
R. E.
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