Truth Social Parent’s Stock Retreats From Highs But Still Impresses In Nasdaq Debut; Debate Swirls About Fate Of Donald Trump’s 78M Shares

[ Shares in Truth Social parent Trump Media & Technology Group gave back most of their initial gains but still posted a strong debut on the Nasdaq, boosting the value of Donald Trump‘s majority stake. The start of trading for the stock, which resulted from a SPAC merger finalized last week, was not accompanied by … Read more

Meta Platforms Sets Stock Market Record, Adding $200B In Market Value In A Day – Deadline

[ Facebook and Instagram parent company Meta Platforms set a stock market record Friday, adding $200 billion in market value in a single trading day on the heels of a knockout earnings report. The 20% rise in the tech giant’s stock price, to an all-time high of $474.99, followed the company’s stellar fourth-quarter earnings report … Read more

AMC Entertainment Stock Drops 15% In First Week Of 2024, Establishing All-Time Low – Deadline

[ AMC Entertainment stock fell 2% today and dropped 15% this week to establish a new all-time, split-adjusted low of $5.17. It is a notable turnaround after the unlikely boost delivered in 2020 by meme-happy individual investors who built positions even as movie theaters were shuttered by Covid. Some shareholders have more recently become restless … Read more