Can Trump cash in on the DJT boom? Investors eye the fine print [Seeking Alpha]
Interactive Brokers Group, Inc. - Class A (IBKR)
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.interactivebrokers.com
Company Research
Source: Seeking Alpha
The risk of its biggest shareholder, former U.S. president Donald Trump, cashing in on the gains also looms large. DJT surged as much as 59% in its volatile market debut on Tuesday, before paring gains to end 16% higher . "There are political motivations driving DJT," Steve Sosnick, chief strategist, Interactive Brokers. "I've always believed its most devoted investors viewed it as a call option on the MAGA movement." Trump owns ~78.8M DJT shares, meaning his nearly 60% stake was worth around $5B. However, these are just paper gains, as Trump can't sell these shares given a six-month lock-up period. Recall that Trump is facing a cash crunch as he battles criminal indictments and civil charges. In a small relief, Trump won an appeal to hold off on the collection of $454M related to his civil fraud judgment, if he puts up $175M within 10 days. Now, to turn his DJT shares into cash, Trump would need approval from the board and underwriters for a waiver of the lock-up period. The
Show less
Read more
Impact Snapshot
Event Time:
IBKR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBKR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBKR alerts
High impacting Interactive Brokers Group, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
IBKR
News
- Surging Earnings Estimates Signal Upside for Interactive Brokers (IBKR) Stock [Yahoo! Finance]Yahoo! Finance
- Is Trending Stock Interactive Brokers Group, Inc. (IBKR) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- Interactive Brokers (IBKR) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
- 12 Best Day Trading Tips for Beginners [Yahoo! Finance]Yahoo! Finance
- Interactive Brokers Clients Can Trade Treasuries 22 Hours a Day [BNN Bloomberg (Canada)]BNN Bloomberg
IBKR
Earnings
- 4/16/24 - Beat
IBKR
Sec Filings
- 4/25/24 - Form 4
- 4/23/24 - Form 8-K
- 4/16/24 - Form 8-K
- IBKR's page on the SEC website