meme stock
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Meet the Newest Meme Stock: Trump Media
Donald Trump’s social media enterprise officially became a publicly traded company on Tuesday, with its stock price jumping as much as 59% to over $US70 a share. We’d like to take this moment to welcome Trump Media, trading under DJT, to the world of meme stocks. At this morning’s stock price, Trump’s stake in Truth…
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Robinhood Must Pay User Nearly $41,784 Over Meme Stock Trading Halt
In January 2021, stock trading app Robinhood infuriated users when it responded to surging trades of so-called meme stocks, by halting trades — effectively preventing users from selling shares until the prices had collapsed. Congressional hearings, regulatory probes, and a deluge of regulatory complaints and lawsuits ensued, which was at least one cause of its…
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S&P Trying to Snag Some of That Snazzy Meme Stock Energy by Mining Twitter
The S&P Dow Jones Indices is monitoring stock Twitter in real-time to see how positively people feel about 200 S&P 500 companies (Tesla) with the top sentiment scores. Today, it launched two Twitter sentiment analysis tools to measure the level of positivity toward companies (or their profit potential) via “$cashtags.” According to the press release,…
