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
Finance Articles: page 3
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
Business brains and basketball brawns
Playing on the University of Florida’s basketball team is a dream come true for Paige Clausen (BSBA ’24, MSF ’25). She grew up in Maryland, and moved to Naples, Florida in high school. She started playing the sport around 5
Stock Market Election Indicator Predicts 2024 Presidential Race
Known as the “Presidential Predictor,” the longstanding stock-market-based indicator method has successfully forecast the outcome of 21 of the past 24 elections. The S&P 500’s prediction is not without skeptics. Some experts like Cordell Eminent Scholar Jay Ritter caution that
A week before the election, DJT stock surges amid Trump’s rise in the betting markets
Shares of former President Donald Trump’s social media company rose nearly 9% Tuesday to $51.51 in a rollercoaster trading session that saw the stock halted several times due to extreme volatility. Cordell Eminent Scholar Jay Ritter explains why in these
Trump Media stock soars nearly 200% as momentum traders ride its coattails to chase major returns
Despite its recent rally, TMTG’s financial performance has been lackluster. In the first half of this year, the company reported losses of $344 million on revenues of $1.6 million. However, over the last few weeks the stock’s momentum could have
‘DJT’ is booming. Here’s why other SPAC stocks haven’t been so lucky.
A surge of companies decided to go public via SPAC mergers in 2020 and 2021. Since then, not so much. Cordell Eminent Scholar Jay Ritter shares his insight in this story from MarketWatch.
Lower rates, surging stock market fail to ignite US IPO market
Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs. Experts like Cordell Eminent Scholar Jay Ritter say
US IPO market picks up steam as election looms
The US IPO market is seeing renewed momentum as the 2024 presidential election approaches, with investors and analysts eyeing potential opportunities ahead. This resurgence follows a prolonged period of stagnation, sparking confidence that the market is turning a corner. “In the
Trump Media stock mysteriously plunges
There did not appear to be any new developments or announcements that would explain the sudden plunge. But Trump Media is a notoriously volatile stock. Cordell Eminent Scholar Jay Ritter comments on the latest movement of the stock. Read what