Republican nominee Donald Trump's choice of a former venture capitalist as his vice presidential nominee could be attracting retail traders to one of the companies JD Vance backed, according to JPMorgan. JPMorgan analyst Kamal Tamboli said in a note to clients Wednesday evening that retail traders are piling into Rumble , a YouTube competitor aimed at conservatives. "Retail traders appear to be closely following US election developments with demand for RUM reaching a quarterly record after the announcement of J.D. Vance as the Vice Presidential nominee for the Republican party," the note said. RUM 5D mountain Shares of this company linked to JD Vance are up 17% this week.

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Persons: Donald Trump's, Vance, Kamal Tamboli, Rumble, Narya, JD Vance Organizations: JPMorgan, Republican, Narya Capital, Trump, Trump Media