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 heightened attention on social media platforms, rather than because of the company’s fundamentals or financial performance.

Read more insights from Ritter in this story from Newsweek.