For all the debate about just how rich former President Donald Trump is, one thing is clear: His ownership stake in Trump Media & Technology Group makes him a billionaire. The company behind the Truth Social platform is worth more
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DJT shares pop after Donald Trump says ‘I am not selling’ Trump Media stake
Shares of Trump Media, the company behind Donald Trump’s social media platform, Truth Social, surged Friday after the former president said he had no plans to sell his stake, ending weeks of speculation and calming investor fears. Cordell Eminent Scholar
IPOs by Private Equity-Backed Companies Suggest a Market Revival Is Brewing
Offerings registered with the SEC in the past weeks have bolstered the exit route, as the market for new listings accelerates. Cordell Eminent Scholar Jay Ritter shares his insights in this story from the Wall Street Journal.
Truth Social parent company shares close at record low after Trump-Harris debate
Trump Media & Technology Group, the parent company to former president Donald Trump’s social media platform Truth Social, closed at a record low following Tuesday night’s presidential debate. Cordell Eminent Scholar Jay Ritter shares his insights in this story from USA
Where have all the I.P.O.s gone?
Despite this week’s stock market swoon, the S&P 500 is on a run for the ages. The benchmark index has risen nearly 40 percent over the past two years, and has more than doubled from the pandemic low it hit
Trump can soon tap his $2 billion Truth Social fortune. But it won’t be easy
For months, former President Donald Trump has been sitting on a social media fortune that he couldn’t touch. That will change very soon. Cordell Eminent Scholar Jay Ritter helps explain why. Read more in this story from CNN.
DJT sinks to new low: Why Trump Media investors are feeling less bullish
As a trading concern, Donald Trump’s social media company has become a way for investors to bet on the former president’s odds of retaking the White House. Since going public through a special-purpose acquisition company merger in March, shares of Trump Media
Trump Media stock is plummeting. These shareholders don’t care.
Shares have fallen more than 40% over the past month. Cordell Eminent Scholar Jay Ritter explains the volatility. Read more in this story from ABC News.
UM booster John Ruiz’s company LifeWallet admits ‘substantial doubt’ about its future
Cordell Eminent Scholar Jay Ritter shares his insight into University of Miami booster John H. Ruiz’s insurance claims company LifeWallet telling investors that there is “substantial doubt” about its ability to continue operating. Read more in this story from The
Clear thinking: price mismatch means tech IPOs will stay stuck in slow lane
IPO data from Cordell Eminent Scholar Jay Ritter informs this story about tech companies going public. Read more from International Financing Review.
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