Former president Donald Trump is richer than he’s ever been, and it’s all thanks to a back-door deal to take his latest ...
Truth Social's owner, which counts Donald Trump as its biggest shareholder, is now worth more than American Airlines and ...
But meme stock names are back in the headlines this week, with a new ticker dominating retail flows, underscoring the power ...
Reddit and Trump Media are the first notable social media companies to begin trading publicly in the last five years ...
Stocks and crypto have surged to record highs. Meme stocks are soaring. And shares of Donald Trump’s unprofitable social-media company spiked, adding billions to the former president’s net worth.
The meme stock phenomenon is back with a bang, as exemplified by the recent surges in the shares of Reddit and Donald Trump's Truth Media. This resurgence has prompted experts to offer three key ...
He notes that GameStop had revenue of more than $5 billion back in 2020 while Trump Media's revenue is under $5 million. “GameStop was the meme stock of a lifetime, but Trump Media has put it to ...
“With short sellers staying in this trade even while paying over 200 times the average stock borrow rate for a US short trade, and over 300 times to short” a company like Apple Inc., a lot of people ...
To short a company, you need to borrow the shares from someone else, sell them, and then hope the price of the stock drops before you have to buy the shares back and return them. But Trump's ...
In third place in gains, Iamgold has gained 28% value year-to-date. True to its name, the company generates revenue through ...
Meme stocks are having a tough day ... they have since proceeded to give back ground as investors watched 30% get shaved from the stock’s value. Short selling activity in AMC remains robust ...
Hot on the heels of Reddit's recent IPO, yet another social media firm is going public this month. Truth Social, a platform developed by former president Donald Trump, has finally secured approval ...