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building new portfolio during this crash ✌️【Resume】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. Truth Social owner Trump Media & Technology Group, Trump’ssocial media company, initially skyrocketed in value after 【 - Free Market Analysis Group 】 and other media outlets projected Trump won Tuesday’s presidential election.
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building new portfolio during this crash ✌️【Resume】✌️ Professional advisors provide accurate market predictions with real-time stock indices, exchange rates, and futures data to help you seize investment opportunities and grow your capital. Trump is thedominant shareholderin the conservative social media company, which has scant revenue and is losing money.
building new portfolio during this crash ✌️【Resume】✌️ Precise stock selection service to help you avoid losses and quickly recover and grow. Provides real-time global market, metals, energy, and agricultural product data to assist you in making informed decisions. The president-elect’s 114.75 million shares were briefly worth about $5.3 billion based on those early gains, up from $3.9 billion when trading ended on Election Day. Of course, those are only paper gains and in practice it would be difficult for Trump to sell much of those shares without tanking the price.
building new portfolio during this crash ✌️【Resume】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. And Trump Media’s share price gave back most of those early gains, recently trading about 8% higher. At these prices, Trump’s shares are worth about $4.2 billion on paper.
building new portfolio during this crash ✌️【Resume】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate changes to help you select stocks accurately and increase investment returns. With Trump’s election odds falling, the company’s share price crashed to record low after record low in September.
But between September 23 and the end of October, Trump Media more than tripled in value — a stunning spike driven by bets that Trump would win the White House.
building new portfolio during this crash ✌️【Resume】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. Matthew Tuttle, CEO of Tuttle Capital Management, told 【 - Free Market Analysis Group 】 he isn’t surprised to see Trump Media surge on Wednesday because the stock is the “only pure play” for traders to wager on a Trump win.
building new portfolio during this crash ✌️【Resume】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. Tuttle added there is also probably a “massive short squeeze” caused by ill-timed short bets against the value of the stock in recent days. When a stock price starts to rise sharply, traders who bet against it are forced to buy back the stock to limit their losses. And that in turn causes the price to rise even further.
“A lot of people got fooled by the Iowa poll,” Tuttle said, referencing apolllast weekend that found Trump no longer in the lead in a state he won twice.
building new portfolio during this crash ✌️【Resume】✌️ Precise stock market trend predictions with free real-time quotes for India stocks, US stocks, and European stocks to help you seize the best investment timing. Still, it’s hard to make sense of Trump Media’s price tag. At about $9.5 billion, it is now valued at more than twice Macy’s and quadruple JetBlue.
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“The magnitude of his victory helps, but longer term they need to come up with some sort of strategy,” Tuttle said.
building new portfolio during this crash ✌️【Resume】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. Trump Media disclosed Tuesday afternoon that its third-quarter revenue dipped 5% to just $1 million.
“Fundamentals don’t matter,” said Michael Block, chief operating officer and co-founder at AgentSmyth, an autonomous AI agent platform for investment ideas.
Block argued the market value reflects the value of a media company branded by “someone shaping up to be perhaps the most consequential person of the 21st century.”
“Forget about the past 40 years and the string of bankruptcies. Think about the here and now and what the brand is worth,” Block said.
building new portfolio during this crash ✌️【Resume】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. 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 Market Analysis Group 】. 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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