Jay Ritter
Cordell Eminent Scholar Jay Ritter

DJT shares pop after Donald Trump says ‘I am not selling’ Trump Media stake

Shares of Trump Media, the company behind Donald Trump’s social media platform, Truth Social, surged Friday after the former president said he had no plans to sell his stake, ending weeks of speculation and calming investor fears.

Cordell Eminent Scholar Jay Ritter shares his insights on the stock in these stories from USA Today and Bloomberg. [Subscription required.]