Your current location:HOME >politics >Rooting for Trump to fail has made his stock shorters millions 正文
TIME:2024-04-26 18:51:24 Source: Internet compilationEdit:politics
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.”
Columbia's president, no stranger to complex challenges, walks tightrope on student protests2024-04-26 18:46
Unfair labor complaint filed against Notre Dame over athletes2024-04-26 18:36
Arizona State starting quarterback Jaden Rashada enters transfer portal2024-04-26 18:30
Alleged homicide suspect fatally shot by police in San Francisco Bay Area2024-04-26 18:23
Water system from early Shang Dynasty discovered in central China2024-04-26 18:21
With QB Cousins joining strong foundation on offense, Falcons may target edge rusher in NFL draft2024-04-26 18:13
Tennessee State hires coach in big step to being the first HBCU to add ice hockey2024-04-26 18:12
Tibetan political leader ‘optimistic’ about passage of US bill on Tibet — Radio Free Asia2024-04-26 18:09
As Zendaya's tennis2024-04-26 17:02
Kelly Clarkson, 41, rocks a little black dress highlighting her 402024-04-26 16:10
Legendary British musician teases appearance at Taylor Swift's Eras Tour during singer's London leg2024-04-26 18:49
Woman dies after riding on car's hood and falling off, police say2024-04-26 18:36
Irina Shayk the sizzling supermodel rocks saucy triple2024-04-26 18:22
Punjab Kings run out of steam as Mumbai Indians win by 9 runs2024-04-26 18:14
Martine McCutcheon admits she's 'feeling c***py' as she shares her health diagnosis with fans2024-04-26 17:40
Vikings have the 11th and 23rd picks in the NFL draft and a need for a QB. Can they get their guy?2024-04-26 17:34
Seattle Storm become 2nd WNBA team to open their own practice facility2024-04-26 17:02
Kansas adds AJ Storr after he led Wisconsin in scoring this season2024-04-26 17:00
Arkansas woman pleads guilty to selling 24 boxes of body parts stolen from cadavers2024-04-26 16:58
The 49ers are slated to pick in the 1st round for the 1st time since 20212024-04-26 16:38