Warrington in the News Articles: page 2
It’s no secret that Warrington faculty are internationally renowned for their innovative research. The media looks to our scholars for insights and impactful news. See below where our faculty are featured in the news.
Trump Media & Technology Group’s revenue and share price have sagged as its losses have piled up. The president-elect’s return to the White House could complicate things even more. Cordell Eminent Scholar Jay Ritter shares his insights.
Truth Social investors hoped to get 'very rich' after Trump's win. Not quite.
The Washington Post
Donald Trump’s social media company ended the trading day up Monday on reports it’s looking to buy crypto trading firm Bakkt. Shares of Bakkt, backed by NYSE-owner Intercontinental Exchange, skyrocketed more than 160% and were halted multiple times due to volatility. Trump Media shares ended the day up 16.7%. Cordell Eminent Scholar Jay Ritter shares his insights.
Trump's social media company in talks to buy crypto firm Bakkt, FT reports
USA Today
Investors have been waiting for the US IPO market to thaw after two challenging years. Donald Trump’s election win may help do just that. Cordell Eminent Scholar Jay Ritter shares his insights.
The IPO window could reopen after 2 brutal years amid Trump trade 'exuberance'
Yahoo! Finance
Buy-now-pay-later company aims to tap into revival of interest in stocks like Affirm and SoFi. Cordell Eminent Scholar Jay Ritter comments.
Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts
MarketWatch
Analysts have spent years attempting to ascertain Trump’s precise net worth—and Trump hasn’t helped, by refusing to publish his tax returns over the years. The largest part of Trump’s paper wealth is the 114.75 million shares in Trump Media stock that he owns. That’s according to Jay Ritter, Cordell Eminent Scholar at the University of Florida.
Donald Trump will make a $400,000 salary as president. His shares in Trump Media could keep him rich to the tune of $8 billion
Fortune
Donald Trump may have joined the ranks of America’s richest people through his real estate holdings, from golf courses to hotels, but it’s his stake in the fledgling Trump Media & Technology Group that has more than doubled his net worth this year. The money-losing social media company, which trades under the ticker symbol DJT, the same as Trump’s initials, has had a volatile year since going public in March. Cordell Eminent Scholar Jay Ritter comments on the stock’s volatility.
Here's how much Donald Trump is worth, from his DJT stock to real estate
CBS News
On Election Day as voters headed to the polls, the wild fluctuations that have become the hallmark of Trump Media & Technology Group’s stock continued their dizzying course. The parent company of Truth Social was halted three times for volatility. Shares closed down 1%. Cordell Eminent Scholar Jay Ritter shares his insights.
Trump Media stock halted three times, closes down on Election Day: What's next for DJT?
USA Today
Known as the “Presidential Predictor,” the longstanding stock-market-based indicator method has successfully forecast the outcome of 21 of the past 24 elections. The S&P 500’s prediction is not without skeptics. Some experts like Cordell Eminent Scholar Jay Ritter caution that economic and political landscapes have shifted in ways that could complicate the predictor’s accuracy.
Stock Market Election Indicator Predicts 2024 Presidential Race
Newsweek
Shares of former President Donald Trump’s social media company rose nearly 9% Tuesday to $51.51 in a rollercoaster trading session that saw the stock halted several times due to extreme volatility. Cordell Eminent Scholar Jay Ritter explains.
Trump Media stock is surging ahead of the election. Here's why.
USA TodayA week before the election, DJT stock surges amid Trump's rise in the betting markets
CBS News
Despite its recent rally, TMTG’s financial performance has been lackluster. In the first half of this year, the company reported losses of $344 million on revenues of $1.6 million. However, over the last few weeks the stock’s momentum could have attracted interest from momentum-based investors, eager to cash in on its growth. Cordell Eminent Scholar Jay Ritter comments.