Jay Ritter Articles: page 1

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Jay Ritter

Trump’s Truth Social stock takes turbulent swings after verdict

The stock price of former President Donald Trump’s social media platform Truth Social made turbulent swings in the aftermath of his conviction in a New York court on Thursday. In the immediate aftermath of the verdict, the stock price of Truth

Jay Ritter

Trump Media lost more than $300 million last quarter on very little revenue

Trump Media & Technology Group lost more than $300 million during the first quarter and generated very little revenue, the owner of Truth Social announced in a press release Monday. Experts like Cordell Eminent Scholar Jay Ritter have said the price

Jay Ritter

GameStop, AMC stock booming after Roaring Kitty’s return. Will Trump Media stock follow?

Experts have likened Trump Media & Technology Group’s trading to a meme stock, given the prices seem to be driven more by popular support rather than the business’s financial success or outlook. Cordell Eminent Scholar Jay Ritter explains that many meme

Jay Ritter

DJT stock rebounds since hush money trial low. What to know about Truth Social trading.

Cordell Eminent Scholar Jay Ritter shares his insights on the parent company of social media platform Truth Social’s continued volatile journey on the stock market, doubling since a low three weeks ago. Read more in this story from USA Today. 

Jay Ritter

The truth about Truth Social

It’s been just over a month since Trump Media & Technology Group — ticker symbol DJT — started trading on the Nasdaq. We recently learned from a regulatory filing that the company has issued around $1.5 billion worth of new

Jay Ritter

The Uncertainty Effect: Why IPOs May Be on Hold Until Post-Election

Historical trends suggest presidential elections don’t move the needle, but certain companies have delayed their IPOs because of presidential elections–and 2024 will be a divisive one. Cordell Eminent Scholar and IPO expert Jay Ritter shares his insights in this story

Jay Ritter

Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims

Trump Media & Technology Group is asking Congress to investigate its suspicions that illegal activity is driving down its share price. However, experts like Cordell Eminent Scholar Jay Ritter told CNN they are skeptical there is clear evidence of market

Jay Ritter

Donald Trump is on the verge of another $1 billion Truth Social windfall

Former President Donald Trump is on the cusp of scoring a major financial bonanza – at least on paper. As long as Trump Media & Technology Group’s share price doesn’t spectacularly implode before Tuesday’s closing bell, Trump is on track

Jay Ritter

Algorithms powering John Ruiz’s company being probed by SEC, Justice Department

When attorney John H. Ruiz took his company public in 2022, the Miami entrepreneur promised that its software algorithms were so effective they could spot billions of dollars in improperly paid health-insurance claims that would eventually yield significant profits for

Jay Ritter

Why a ‘collapse’ of younger VC firms may not be a bad thing, according to a top angel investor who backed Uber and Robinhood

Although private markets are rebounding along with an IPO market that just saw the highest grossing quarter since 2021, some newer VC firms aren’t counting themselves among the recent winners. Cordell Eminent Scholar Jay Ritter shares his insights on why

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