Shares for the company behind Trump’s social media platform Truth Social ended the day up 21.5% at $42.91. It was the company’s largest single-day jump on the Nasdaq since Trump won the presidential election in November. Shares have been volatile since
Finance Articles: page 1
Reuters Breakingviews | How private share sales could kill the tech IPO
Databricks, Stripe and Elon Musk’s $350B SpaceX facilitated large exits by insiders without a float. There’s a growing pool of patient capital targeting mature startups. The bigger the trend gets, the more likely it is that profitable unicorns can stay
MarketWatch | Analysts embrace ServiceTitan’s market-share potential in parade of buy ratings
The software maker for blue-collar businesses, which recently went public, draws ‘buy’ or ‘overweight’ ratings from at least six analysts. ServiceTitan (TTAN) went public at $71 a share on Dec. 12, and has seen its stock hit a high of
MarketWatch | GrabAGun names Donald Trump Jr. as adviser in bid to lift stock-listing visibility
Donald Trump Jr. has been named an adviser to online firearms retailer Grab A Gun, which plans to go public this year. Cordell Eminent Scholar Jay Ritter shares his insight on the potential IPO. Read more in this story from
MarketWatch | Coreweave, Klarna may break IPO slump in 2025 — but OpenAI, SpaceX will wait it out
Dealmakers and Cordell Eminent Scholar Jay Ritter see potential for more IPOs this year, but economic headwinds and ample money to stay private could dampen the revival. Read more insights into the 2025 IPO market in this story from MarketWatch.
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
Newsweek | Tesla Worth More Than Next 35 Biggest Automakers Combined
In North America, Tesla’s value far exceeds that of the two other biggest manufacturers, General Motors and Ford, which have market caps of $59.57 billion and $40.02 billion respectively. Cordell Eminent Scholar Jay Ritter told Newsweek that with its current market cap,
USA Today | Trump Media shares fall after he transfers his stake to revocable trust
Trump transferred 114.75 million shares, or 53% of Trump Media & Technology Group’s outstanding stock, to a revocable trust of which he is the sole beneficiary, according to securities filings released Thursday evening. Shares fell more than 7% Friday morning
The Economist | Tesla, Intel and the fecklessness of corporate boards
IPO data collected by Cordell Eminent Scholar Jay Ritter informs this story highlighting that too many directors at American companies aren’t doing their job. Read more from The Economist.
Find yourself shopping at Publix often? That’s by design.
BB&T Professor of Free Enterprise David Brown and Beth Ayers McCague Family Fellowship Associate Professor Brian Swider share insights into why Public dominates the city of Gainesville and crowds the local market. Read more in this story from the Independent