Your current location:HOME >business >Rooting for Trump to fail has made his stock shorters millions 正文
TIME:2024-04-26 20:26:48 Source: Internet compilationEdit:business
NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable.Just ask a hardy ba
NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable.
Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists and wild swings that often mirror the candidate’s latest polls, court trials and outbursts on Trump Social itself.
Several of these investors interviewed by The Associated Press say their bearish gambles using “put” options and other trading tools are driven less by their personal feelings about the former president (most don’t like him) than their faith in the woeful underlying financials of a company that made less money last year than the average Wendy’s hamburger franchise.
“This company makes no money. ... It makes no sense,” said Boise, Idaho, ad executive Elle Stange, who estimates she’s made $1,300 betting against Trump Media & Technology stock. “He’s not as great a businessman as he thinks. A lot of his businesses go belly up, quickly.”
Mike Trout leading majors in home runs, but is looking for more consistency at the plate2024-04-26 20:14
SOEs' AI push may transform industries2024-04-26 19:45
Xi Encourages Martyrs' Children to Be Loyal Guardians of Party, People2024-04-26 19:38
Space contractors release China's annual launch plan2024-04-26 19:37
Frankie Capan III shoots 132024-04-26 19:06
Xi Story: Homage to Heroes of Chinese Nation, Celebrated or Unsung2024-04-26 19:00
China sees expansion in 5G network coverage2024-04-26 18:47
China expenses concerns over EU commission probes2024-04-26 18:39
Federal judge temporarily blocks confusing Montana voter registration law2024-04-26 18:17
Xinjiang lab to boost aircraft checks2024-04-26 17:57
Steelers bolster offensive line, take Troy Fautanu from Washington with 20th pick in NFL draft2024-04-26 20:15
Northerners head south for warmth2024-04-26 20:10
China prepares to launch space station core module2024-04-26 18:30
Haier's dishwasher factory put into production in Chongqing2024-04-26 18:17
Amy Childs puts on a busty display in a plunging black dress as she joins glamorous TOWIE co2024-04-26 18:12
Xi Congratulates Muizzu on Election as Maldives President2024-04-26 18:06
Mars probe Tianwen 1 leaves Chinese mark on red planet2024-04-26 18:06
China launches space2024-04-26 18:03
United Methodists endorse change that could give regions more say on LGBTQ and other issues2024-04-26 17:54
China's new2024-04-26 17:47