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
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If this is a bull market, where are the IPOs?
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.]
DJT stock hits turbulence: More volatility ahead for Trump’s high-flying Truth Social
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
Donald Trump’s Truth Social parent company goes on volatile ride in debut: ‘Definitely the latest meme stock’
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
IPO Window Cracks Open and Silicon Valley Sees Some Daylight
Cordell Eminent Scholar Jay Ritter shares his insights on the latest companies to go public. Read more in this story from Bloomberg. [Subscription required.]
Trump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic
For the first time in almost 30 years, part of Donald Trump’s business empire has gone public. Trading started with a bang. Cordell Eminent Scholar Jay Ritter shares his insights on the company’s long-delayed journey to public company which is
Big week for tech IPOs Reddit, Astera boosts Morgan Stanley after extended lull
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
Why Trump Can’t Pledge His Truth Social Shares Even After It Goes Public
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
Donald Trump may be about to get $3 billion richer. But that likely won’t solve his cash crunch
Trump Media & Technology Group, the owner of Trump’s struggling social media platform Truth Social, is on the cusp of going public as soon as next week following years of legal and regulatory obstacles. Cordell Eminent Scholar Jay Ritter and DBA
Reddit Rises 48% in First Day of Trading
Cordell Eminent Scholar Jay Ritter shares his insights on the social media company’s debut on the New York Stock Exchange, one of the first major tech initial public offerings of the year. Read his insights from a number of publications,
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