Hudson Bay Capital Management, Geode Capital Management and Morgan Stanley were among the large institutional investors that took positions in Donald Trump's...
NEW YORK - Hudson Bay Capital Management, Geode Capital Management and Morgan Stanley were among the large institutional investors that took positions in Donald Trump 's Trump Media & Technology Group in the first quarter, securities filings showed on Wednesday.
Hudson Bay Capital bought 150,000 shares in the quarter, initiating a position worth nearly $10 million at the end of March and now worth about $7.8 million. Geode Capital Management, a spinoff of mutual fund giant Fidelity, bought 102,923 shares during the quarter, while Morgan Stanley bought 44,346 shares.Shares of Trump Media have been volatile, surging as much as 59% when they began trading on the Nasdaq on March 26.
The company reported an operating loss of $10.6 million for the first nine months of 2023 on revenue of $3.4 million, and currently has a market value of approximately $7 billion.
Morgan Stanley Geode Capital Management Hudson Bay Capital Trump Media Institutional Investors Capital Management Positions
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Dell stock pops on Morgan Stanley Buy ratingDell (DELL) shares jumped to a record high on Wednesday after Morgan Stanley reiterated its Buy rating and raised its price target to $152. The company has...
Lire la suite »
Morgan Stanley to buy $700 million property loans tied to failed Signature Bank, Bloomberg News reportsExplore stories from Atlantic Canada.
Lire la suite »
Morgan Stanley to Buy Property Debt From Blackstone Venture, Sources SayMorgan Stanley struck a deal to buy roughly $700 million of property loans made by the failed Signature Bank from a group including Blackstone Inc., Canada Pension Plan Investment Board and Rialto Capital, according to people familiar with the matter.
Lire la suite »
Funds Linked to Morgan Stanley, Blue Owl Join Bond Sales BlitzBusiness development companies, which invest in small and mid-sized firms typically too small or risky for banks to lend to, are getting in on a borrowing spree in the booming US investment-grade market.
Lire la suite »
France secures jobs, investments from Amazon, Pfizer and Morgan StanleyExplore stories from Atlantic Canada.
Lire la suite »
Morgan Stanley Plans to Add 100 Jobs to Its Paris Hub(Bloomberg) -- Morgan Stanley plans to add 100 staff to its Paris hub, Finance Minister Bruno Le Maire said as he unveiled several new foreign investments in...
Lire la suite »