Shares for the company behind Trump’s social media platform Truth Social ended the day up 21.5% at $42.91. It was the company’s largest single-day jump on the Nasdaq since Trump won the presidential election in November. Shares have been volatile since
Stories by Allison
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Reuters Breakingviews | How private share sales could kill the tech IPO
Databricks, Stripe and Elon Musk’s $350B SpaceX facilitated large exits by insiders without a float. There’s a growing pool of patient capital targeting mature startups. The bigger the trend gets, the more likely it is that profitable unicorns can stay
Simple display changes in grocery stores could cut food waste while boosting profits
New research from the University of Florida suggests that supermarkets could significantly reduce food waste while increasing their profits through smarter product display and pricing strategies. The study found that retailers could cut food waste by more than 20% while
MarketWatch | Analysts embrace ServiceTitan’s market-share potential in parade of buy ratings
The software maker for blue-collar businesses, which recently went public, draws ‘buy’ or ‘overweight’ ratings from at least six analysts. ServiceTitan (TTAN) went public at $71 a share on Dec. 12, and has seen its stock hit a high of
Introducing Warrington’s 2024-2025 teaching, advising, mentoring award winners
The University of Florida Warrington College of Business proudly announces the latest faculty and staff recognized for their excellence in teaching, advising and mentoring students across the college’s undergraduate and graduate programs. Cindy Dosch is the recipient of the Undergraduate
MarketWatch | GrabAGun names Donald Trump Jr. as adviser in bid to lift stock-listing visibility
Donald Trump Jr. has been named an adviser to online firearms retailer Grab A Gun, which plans to go public this year. Cordell Eminent Scholar Jay Ritter shares his insight on the potential IPO. Read more in this story from
MarketWatch | Coreweave, Klarna may break IPO slump in 2025 — but OpenAI, SpaceX will wait it out
Dealmakers and Cordell Eminent Scholar Jay Ritter see potential for more IPOs this year, but economic headwinds and ample money to stay private could dampen the revival. Read more insights into the 2025 IPO market in this story from MarketWatch.
Newsweek | How Trump Media Stock Changed in a Year
Jay Ritter, Cordell Eminent Scholar at the University of Florida, previously likened the performance of the company on the financial markets to that of “meme stocks”—a publicly traded company’s shares that experience significant price volatility and trading volume due to
Newsweek | Tesla Worth More Than Next 35 Biggest Automakers Combined
In North America, Tesla’s value far exceeds that of the two other biggest manufacturers, General Motors and Ford, which have market caps of $59.57 billion and $40.02 billion respectively. Cordell Eminent Scholar Jay Ritter told Newsweek that with its current market cap,
USA Today | Trump Media shares fall after he transfers his stake to revocable trust
Trump transferred 114.75 million shares, or 53% of Trump Media & Technology Group’s outstanding stock, to a revocable trust of which he is the sole beneficiary, according to securities filings released Thursday evening. Shares fell more than 7% Friday morning
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