I t's fair to say Wall Street reacted lukewarmly to UPS ' (NYSE: UPS) first-quarter earnings report. On the positive side, five of them nudged their price targets higher (with BMO Capital taking it to $169). Still, only one has a positive rating on the stock (Oppenheimer's "outperform" rating). The rest remained at "hold/neutral/market perform."

Wall Street investors share their bearish gambles are hardly driven by their personal feelings about the former president.

Investors have taken a keen interest in former President Donald Trump’s Truth Social — but not in the way he might like. With investors keying in on metrics that don’t add up on DJT, the stock ticker for Truth Social,

Trump Media’s strategy to attack short sellers and prop up its swooning stock price may be futile, experts warn.

Some investors who have been shorting the stock offering from Trump Media & Technology Group, the parent company of the Truth Social platform in which Donald Trumpholds a major stake, are admitting they have a secondary motive besides cashing in as its value declines.

Investors say their bearish gambles are driven less by their personal feelings about the former president than by their enduring faith in the woeful underlying financials of the company.

One month since Trump Media & Technology Group Corp. went public on the Nasdaq exchange, the share price has been… Continue reading ‘The mother of all meme stocks’ – tracking Trump’s Truth Social The post ‘The mother of all meme stocks’ – tracking Trump’s Truth Social appeared first on ReadWrite.