Trump Media & Technology Group’s revenue and share price have sagged as its losses have piled up. The president-elect’s return to the White House could complicate things even more. Cordell Eminent Scholar Jay Ritter shares his insights in this story
Stories by Allison
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USA Today | Trump’s social media company in talks to buy crypto firm Bakkt, FT reports
Donald Trump’s social media company ended the trading day up Monday on reports it’s looking to buy crypto trading firm Bakkt. Shares of Bakkt, backed by NYSE-owner Intercontinental Exchange, skyrocketed more than 160% and were halted multiple times due to volatility.
22 Warrington alumni named to Florida 500
The University of Florida Warrington College of Business is well-represented on the 2024 list of Florida’s most influential business leaders. According to Florida Trend’s list, 22 Warrington alumni are among the Florida 500, the most looked-to leaders across the state’s
The IPO window could reopen after 2 brutal years amid Trump trade ‘exuberance’
Investors have been waiting for the US IPO market to thaw after two challenging years. Donald Trump’s election win may help do just that. Since Trump’s victory last week, the stocks of investment banking leaders including Morgan Stanley, Goldman Sachs, JPMorgan,
Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts
Klarna, the buy-now-pay-later company, aims to tap into revival of interest in stocks like Affirm and SoFi with its recent IPO. With shares of other financial-technology, or fintech, companies such as Sofi Technologies Inc. on fire in recent weeks and
Companies are buying up cheap carbon offsets − data suggest it’s more about greenwashing than helping the climate
Carbon offsets have become big business as more companies make promises to protect the climate but can’t meet the goals on their own. When a company buys carbon offsets, it pays a project elsewhere to reduce greenhouse gas emissions on
How to navigate the evolving cybersecurity landscape
From technical expert to business leader Sumit Dhawan (MBA ’03) is well versed in solving the complex, technical challenges that arise within computing. He has bachelor’s and master’s degrees in computer science, which prepared him well for a role as
Donald Trump will make a $400,000 salary as president. His shares in Trump Media could keep him rich to the tune of $8 billion
Analysts have spent years attempting to ascertain Trump’s precise net worth—and Trump hasn’t helped, by refusing to publish his tax returns over the years. According to Cordell Eminent Scholar Jay Ritter, though, the largest part of Trump’s paper wealth is
Here’s how much Donald Trump is worth, from his DJT stock to real estate
Donald Trump may have joined the ranks of America’s richest people through his real estate holdings, from golf courses to hotels, but it’s his stake in the fledgling Trump Media & Technology Group that has more than doubled his net
Trump Media stock halted three times, closes down on Election Day: What’s next for DJT?
On Election Day as voters headed to the polls, the wild fluctuations that have become the hallmark of Trump Media & Technology Group’s stock continued their dizzying course. The parent company of Truth Social was halted three times for volatility. Shares closed
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