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The SPAC-bubble collapse triggered a surge in the number of penny stocks. That's not great news for the market.
There are now hundreds of US-listed stocks trading below a dollar. It's creating market inefficienc…
Filip De Mott
Donald Trump's first win of the 2024 election season ignites 239% rally in Truth Social-linked SPAC
Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform since …
Matthew Fox
Trump Media is being 'absurdly' valued by investors, LinkedIn cofounder says
Trump Media made just $4 million last year and lost $58 million, financial documents show.
Jennifer Sor
Beware VinFast's meteoric rise – more than three-quarters of this year's SPAC debuts are trading below their float price
More than 75% of companies that made their market debuts in 2023 through a SPAC merger are trading …
Joseph Wilkins
This chart shows just how absurd Trump Media's valuation is
Trump Media has a price-to-sales ratio of 1,590x, which dwarfs the average 8.3x price-to-sales rati…
Matthew Fox
The SPAC tied to Trump's Truth Social surges 11% after the former president is formally indicted
Since the indictment was revealed Thursday afternoon, Trump posted more than 40 times to his Truth …
Matthew Fox
Trump Media has gotten Congress involved in its crusade against short sellers
The Trump Media CEO last week also penned a letter to Nasdaq blaming "naked" short selling for the …
Yuheng Zhan
Ibotta's IPO just minted more than 150 millionaires, many in Denver, CEO says
"By my calculations, I believe there'll be over 150 people who make at least a million dollars on t…
Matthew Fox
Trump Media stock rebounds 47% after brutal post-IPO sell-off
Trump Media successfully tested its rising 200-day moving average on Wednesday, a key level of supp…
Matthew Fox
SPAC king Chamath Palihapitiya says higher rates have created a 'wave of destruction' across whole sectors
The famed investor and so-called SPAC king said that the end of zero interest rate policy has creat…
Jennifer Sor
Space exploration company Intuitive Machines soars 259% following SPAC merger as investors revive 2021 playbook
Part of its vision includes creating infrastructure needed to sustain life on the moon. The company…
Matthew Fox
Trump Media's stock is almost certain to crash
Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…
Emily Stewart
Meme stocks are back in fashion. Here's how to find one.
In today's big story, we're breaking down how to identify a meme stock.
Dan DeFrancesco
A meme-stock comeback is underway. Use these 3 criteria to identify them, according to a market strategist.
"If one's investment decisions are based primarily upon emotions, then it is hardly a surprise that…
Matthew Fox
Trump Media stock soars 59% after Truth Social parent adopts 'DJT' ticker symbol
Donald Trump can't sell his multibillion-dollar stake in Truth Social until a six-month lockup peri…
Matthew Fox
Shares of a SPAC linked to Trump's Truth Social which had risen sharply last week — are down 8% after the former president's arrest
This is a sharp reversal from Friday when Digital World's share prices soared 11%, after Trump's fo…
Huileng Tan
A score of SPAC merger companies that listed during the boom are warning they probably won't survive much longer
More than 25 companies that listed via blank-check merger over the past two years have warned they …
George Glover
S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg
Veteran analyst Milton Berg said he's short stocks including Nvidia and Netflix as he believes the …
Theron Mohamed
Donald Trump's launch of $99 NFTs sparks 10% decline in Digital World SPAC linked to Truth Social
"Collect all of your favorite Trump Digital Trading Cards, very much like a baseball card, but hope…
Matthew Fox
Trump-linked SPAC slides 21% as some candidates endorsed by the former president flounder in midterm elections
Digital World shares fell as a slate of Republican candidates backed by Trump in the mid-terms, inc…