Trump Media stocks sinks and soars, and the good news in Nvidia's slump: Markets news roundup
Plus, gas hasn’t been this cheap in years — and it could get cheaper this fall
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Trump Media & Technology Group stock is in a free fall (again).
After the lockup period on Donald Trump’s shares came to an end Friday, shares of Trump Media — the company that owns the former president’s social media site, Truth Social — have slid to new lows. Shares fell 8%, trading at $12.44 each Monday afternoon.
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Shares of Trump Media & Technology Group spiked more than 10% Wednesday afternoon, reversing course after weeks of free-falling that saw the media company’s stock sink to new low after new low.
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Like clockwork, it’s getting less expensive to fill up at the pump in Labor Day’s wake. AAA said earlier this week that the average cost for a gallon hit $3.22, part of a months-long decline for the commodity.
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Tony Roth, chief investment officer for Wilmington Trust Investment Advisors (MTB), spoke with Quartz for the latest installment of our “Smart Investing” video series.
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United Atlantic Ventures (UAV) has divested over 7.5 million shares of Trump Media’s stock, according to a 13G regulatory filing made with the Securities and Exchange Commission (SEC) on Thursday.
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Caroline Ellison, the former CEO of Alameda Research and ex-girlfriend of disgraced FTX founder Sam Bankman-Fried (also known as SBF), has been sentenced to 24 months years in prison and must forfeit about $11 billion. Read More
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Tony Roth, Chief Investment Officer for Wilmington Trust Investment Advisors (MTB), spoke with Quartz for the latest installment of our “Smart Investing” video series. - Andy Mills Read More
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Tony Roth, CIO of Wilmington Trust Investment Advisors, breaks down the best possible election outcomes for investors
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Tony Roth, CIO of Wilmington Trust Investment Advisors, breaks down why he thinks the market will avoid a recession in 2025