Despite its recent rally, TMTG’s financial performance has been lackluster. In the first half of this year, the company reported losses of $344 million on revenues of $1.6 million. However, over the last few weeks the stock’s momentum could have
Stories by Allison
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‘DJT’ is booming. Here’s why other SPAC stocks haven’t been so lucky.
A surge of companies decided to go public via SPAC mergers in 2020 and 2021. Since then, not so much. Cordell Eminent Scholar Jay Ritter shares his insight in this story from MarketWatch.
Florida’s new condo laws recognize the total price of living on the beach
Nearly a million Florida condo owners face an important deadline at the end of the year. That’s when a law passed in 2022 requires most Florida condo associations to submit inspection reports for their buildings and to collect money from
Lower rates, surging stock market fail to ignite US IPO market
Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs. Experts like Cordell Eminent Scholar Jay Ritter say
US IPO market picks up steam as election looms
The US IPO market is seeing renewed momentum as the 2024 presidential election approaches, with investors and analysts eyeing potential opportunities ahead. This resurgence follows a prolonged period of stagnation, sparking confidence that the market is turning a corner. “In the
Trump Media stock mysteriously plunges
There did not appear to be any new developments or announcements that would explain the sudden plunge. But Trump Media is a notoriously volatile stock. Cordell Eminent Scholar Jay Ritter comments on the latest movement of the stock. Read what
Investment banking is making big bucks right now
Morgan Stanley is one of many banks that have been reporting quarterly results over the last few days. Investment bankers earn revenue is by helping corporations raise money, either through debt or equity. In terms of equity, IPOs have been
Some warning lights are flashing red for UK shares
Usually a positive person, journalist James Beard explains why he’s becoming increasingly pessimistic about the short-term outlook for UK shares. Insights from Cordell Eminent Scholar Jay Ritter inform this story from The Motley Fool.
Trump’s social media stock is making an epic comeback as election nears
President Donald Trump’s social media company is on fire on Wall Street. It’s all about Trump’s perceived chances of retaking the White House. The value of Trump’s stake in the company has spiked by about $1.7 billion since September 23
US News’ top accounting programs share common X factor – Fisher School alumni leadership
The nation’s top public accounting programs have a common thread contributing to their excellence – University of Florida Fisher School of Accounting alumni leading their programs. The latest rankings from U.S. News & World Report position the University of Florida,
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