High-flying DJT stock hits turbulence: More volatility ahead for Trump's Truth Social [Yahoo! Finance]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: Yahoo! Finance
Donald Trump's namesake social media company burst out of the gate on its first day of trading Tuesday, opening at $70.90 and soaring as high as $79.38 as Trump fans and opportunistic traders bought up shares. But the price faded late in the session and has bounced along at lower levels ever since, ending Thursday down $4.26 at $61.96. Its market valuation, just over $8 billion, is still stunning for a social media fledgling with an unproven business model that has struggled to attract users and advertisers, burned through cash and wracked up losses. “The valuation of the company should be several hundred million, not the billions it is currently valued at,” University of Florida professor Jay Ritter said. Thursday's slide into the red could be just the beginning, market observers say. Ritter predicts the vanity stock ticker DJT will bottom out around $2 a share – or worse. “The stock will continue to be very volatile, with sharp moves up and down. But the long-term trend wil
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News
- Why Is GameStop (GME) Down 17% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Trump Media asks lawmakers to investigate "unlawful trading activity" [Yahoo! Finance]Yahoo! Finance
- Trump Media asks lawmakers to investigate possible "unlawful trading activity" in its DJT stock [CBS News]CBS News
- Memecoins are back, and the returns are so big that even hedge funds can't resist [Yahoo! Finance]Yahoo! Finance
- Hedge Funds Are Succumbing to Mind-Boggling Returns of Memecoins [BNN Bloomberg (Canada)]BNN Bloomberg
GME
Earnings
- 3/26/24 - Miss
GME
Sec Filings
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 144
- GME's page on the SEC website