Trump Media & Technology Group shares plummeted more than 18% Monday after the company took steps to sell millions of additional shares. Cordell Eminent Scholar Jay Ritter expects the stock price will continue to be highly volatile. Read more insights
Jay Ritter Articles: page 9

Strong Q1 demand for IPOs bodes well for 2024, experts say: ‘I’m way more optimistic than I’ve been the last two years’
With 30 IPOs that raised over $7.8 billion in the first quarter—figures that jump to 49 offerings and $8.4 billion if SPAC deals are included—experts like Cordell Eminent Scholar Jay Ritter say they’re encouraged the sector has bounced back from the doldrums. Read

Trump’s Truth Social stock price slides
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

Trump’s social media platform says it’s above ‘traditional key performance indicators.’ An auditor has substantial doubt it can continue as a going concern
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

Trump social media company defies expectations in stock market debut
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
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