Trump owns stakes in both GOOG and GOOGL stock in multiple investment accounts worth a combined value of more than $250,000. Berkshire Hathaway Inc. (BRK.B) Berkshire Hathaway is the holding company run by CEO and Wall Street legend Warren Buffett. Berkshire holds stakes in dozens of ...
Trump’s social media company, Truth Social, has also defied traditional notions of value. Despite struggling to raise revenue, the company is currently valued at more than $8 billion as Trump’s supporters help boost the stock price and his net worth along with it. ALAN SUDERMAN Suderman ...
To be sure, some businesses with ties to Trump or his allies have seen their shares decline in value since the election. The stock price of Las Vegas Sands, a casino owned by Trump megadonor Miriam Adelson, has dropped about 2% over the past two weeks. Trump-owned Truth Social h...
Meme investing rocketed into the public consciousness in January 2021, when retail investors coordinated a buying spree to pump the value of GameStop Corp. (ticker: GME), causing a short squeeze that saw the stock's value accelerate around 190 times higher than its 2020 lows. Investors who ...
Admittedly, factoring those nascent businesses into the valuation makes Tesla a very risky stock. If the company fails to get those businesses off the ground in a timely manner, its market value could decline sharply. But the stock is down 50% from its high, and that drop has made the ris...
Trump Media’s stock, with a market value nearing $8 billion, is a comparatively small part of the story, though its volatility over the past few months has shown how it can seize investor attention in a meme-stock fashion. “Watch out for sell-the-news flow action following the [inaugur...
Truth Social's valueclimbedabout 30% in the immediate aftermath of an assassination attempt against Trump in July, reaching a price of $40 a share. That figure marked the highest level for the stock in more than a month, but shares still stood well below a peak of about ...
The stock is essentially a proxy for how traders think the election will turn out. “I’ve never seen anything quite like this. This company’s value is almost entirely based on the outcome of an election,” Gene Munster, managing partner and co-founder of venture capital firm Deepwater ...
Indeed, Trump Media has lost about half of its market value since President Joe Bidendropped out and endorsed Harrison July 21. “This stock is entirely a Trump-gets-elected play,” Tuttle said. “If Trump wins, this could be a viable company. But if he loses, I don’t know how this...
Shares of Trump Media & Technology Group continue to rapidly fall back to Earth. The Truth Social owner dropped by another 8% on Monday, adding to a brutal week that wiped out a third of the stock’s value. The selloff has shrunk former President Donald Trump’s st...