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why has genomic valley biotech limited (539206) been underperforming recently ✌️【Freelance Investing】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. President-elect Donald Trump’s social media stock had been sinking fast after a short-lived, post-election-victory surge this week. Then, with a single post on Truth Social, he helped boost the stock again – and added a half billion dollars to his net worth as a result.

why has genomic valley biotech limited (539206) been underperforming recently ✌️【Freelance Investing】✌️ Expert market analysis and predictions for India, US, and European stocks. Stay updated with real-time data on stock indices, futures, and commodities to help you make informed, timely investment decisions. At Friday’s market open, in what was likely a classic “buy the rumor and sell the news” trade, shares of Trump Media and Technology Group had fallen 42% since their recent peak shortly after Wednesday’s open. Traders often buy a stock in anticipation of a positive event for a company – and when it happens, they sell to take their share of their profitable bet.

But then, a half-hour into trading Friday, when shares were down again, Trump sent out aTruth Social postabout the company’s stock: “There are fake, untrue, and probably illegal rumors and/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth. THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!”

Immediately after, the stock surged, rising nearly 15% Friday. Trump is the company’s single largest shareholder, and his 114.75 million shares are now worth about $3.7 billion. That’s up from $3.2 billion at Friday’s market open.

Friday’s jump helped the stock land in the green for the week – but not by much. Trump media rose just 4.4% over the past five days.

why has genomic valley biotech limited (539206) been underperforming recently ✌️【Freelance Investing】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. The company has been called a “meme stock” that has been extremely volatile since it went public in March, and it does not trade on its fundamental business value. Throughout the year, Trump Media’s stock has traded as a kind of barometer for Trump’s election chances. Itquadrupled in valueover a five-week span beforeplunging by 41%over three days at the end of last week. It thenrebounded sharplythe day before the election.

why has genomic valley biotech limited (539206) been underperforming recently ✌️【Freelance Investing】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. Truth Social’s business is minuscule by comparison with its better-known rivals such as X, TikTok and Instagram. The company is in a cash crunch and said it brought in less than $1 million in revenue in the past quarter.

why has genomic valley biotech limited (539206) been underperforming recently ✌️【Freelance Investing】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. Trump has previously said he has no intention to sell his shares in the stock. That could be difficult to do, anyway, because the company’s valuation depends almost entirely on Trump’s ownership and participation on Truth Social, its core product. But Friday’s reminder was enough to give traders hope that Trump will continue with the company, even while he is President of the United States.

why has genomic valley biotech limited (539206) been underperforming recently ✌️【Freelance Investing】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. The fact that Trump can benefit financially from the statements he makes on the social media platform has raised ethical concerns – as have his many other business ties.

why has genomic valley biotech limited (539206) been underperforming recently ✌️【Freelance Investing】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Access to Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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