Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0.00663636363636367
Stock impact report

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
Opt-in for IBKR alerts
Opt-in for
IBKR alerts

from News Quantified
Opt-in for
IBKR alerts

from News Quantified