Donald Trump’s Truth Social parent company goes on volatile ride in debut: ‘Definitely the latest meme stock’
The Donald Trump-tied media company behind Truth Social sparked frenzied trading in its public debut Tuesday — but it bears all the hallmarks of infamous “meme stocks” given the actual state of its business, according to Cordell Eminent Scholar and IPO expert Jay Ritter. DBA student Xavier Kowalski (DBA ’26) also shares his insights on DJT’s debut.
Read more insights from Ritter in these stories from:
The New York Post – Donald Trump’s Truth Social parent company goes on volatile ride in debut: ‘Definitely the latest meme stock’
MarketWatch – Trump merges MAGA and Wall Street with his ‘supercharged meme stock’
USA Today – DJT had a good first day: Trump’s Truth Social media stock price saw rapid rise
Yahoo! Finance – Trump has billions in new paper wealth. But accessing it quickly could get messy.
Marketplace – Trump’s Truth Social debuts on the stock market. Here’s what you need to know.
