Jay Ritter Articles: page 10

Analysts marvel at the stock price of a social media platform valued at over 1000 times its earnings. Trump owns more than 50%; a dip this week cost him $1b. Cordell Eminent Scholar Jay Ritter shares his insights in this

Cordell Eminent Scholar Jay Ritter shares his expertise on former President Donald Tump’s social media company, which is not relying on traditional performance metrics – and doesn’t plan to anytime soon, according to a regulatory filing Monday that also disclosed

The parent company of former President Trump’s Truth Social platform defied expectations in its first week on the stock market. Trump Media & Technology Group stock closed at roughly $62 per share Thursday after a whipsaw week of trading. Cordell

Cordell Eminent Scholar Jay Ritter shares his expert insights for this story on IPOs in 2024.  Read more in the story from Canada’s The Globe and Mail. [Subscription required.]

They say the bigger they come, the harder they fall. That reckoning always comes eventually for meme stocks ‒ and Trump Media & Technology Group appears to be no exception. Cordell Eminent Scholar Jay Ritter shares his insights with USA Today

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

Cordell Eminent Scholar Jay Ritter shares his insights on the latest companies to go public.  Read more in this story from Bloomberg. [Subscription required.]

Wall Street’s tech IPO bankers may finally have a reason to break out the champagne after an extended drought was broken up this week with the market debuts of Reddit and Astera Labs. In the past two years, though, there

Donald Trump is on the cusp of adding billions of dollars to his balance sheet after shareholders of Digital World Acquisition Corp. voted on Friday to merge with his Trump Media & Technology Group. But not only won’t the expected