Warrington in the News Articles: page 7
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.
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.
Trump Media stock soars nearly 200% as momentum traders ride its coattails to chase major returns
Fortune
A surge of companies decided to go public via SPAC mergers in 2020 and 2021. Since then, not so much. Cordell Eminent Scholar Jay Ritter comments.
‘DJT’ is booming. Here’s why other SPAC stocks haven’t been so lucky.
MarketWatch
Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs. Experts like Cordell Eminent Scholar Jay Ritter say the lackluster IPO activity is due to competition from venture capitalists and a rate cut that was slow to come.
Lower rates, surging stock market fail to ignite US IPO market
Barron's
Offerings are bouncing back, as the upcoming US election creates opportunities and risk. Cordell Eminent Scholar Jay Ritter comments.
US IPO market picks up steam as election looms
Global Finance Magazine
There did not appear to be any new developments or announcements that would explain the sudden plunge. But Trump Media is a notoriously volatile stock. Cordell Eminent Scholar Jay Ritter comments on the latest movement of the stock.
Trump Media stock mysteriously plunges
CNN
Morgan Stanley is one of many banks that have been reporting quarterly results over the last few days. But IPOs have been slow this year, noted Jay Ritter, Cordell Eminent Scholar at the University of Florida. But companies that are already public have been issuing new equity, because the stock market has been rising.