Allan Sloan

2 weeks ago | barrons.com | Allan Sloan

The stock of Trump Media & Technology Group hasn’t exactly been a great investment since the company went public 13 months ago. Despite recent gains, the stock closed Tuesday at less than half its price at the close of its first day of trading. The stock, which is listed on the Nasdaq, was down 26.7% for this year, more than double the 9.6% drop in the Nasdaq Composite.

2 weeks ago | barrons.com | Allan Sloan

Allan Sloan is an independent business journalist and seven-time winner of the Loeb Award, business journalism’s highest honorThe stock of Trump Media & Technology Group hasn’t exactly been a great investment since the company went public 13 months ago. Despite recent gains, the stock closed Tuesday at less than half its price at the close of its first day of trading. The stock, which is listed on the Nasdaq, was down 26.7% for this year, more than double the 9.6% drop in the Nasdaq Composite.

2 weeks ago | fastcompany.com | Allan Sloan

The past few days in the stock market have been so wild-a plunge on Monday, a sharp pivot upward on Tuesday, a rise with lots of oscillations on Wednesday-that a record set by the Dow Jones Industrial Average on last week's final day of trading has been largely overlooked. That's unfortunate, because there's a lot to be learned from that record about how financial markets work. That price decline-a whopping $130.93 a share, about a 22% drop-cost the DJIA 805 points.

2 months ago | propublica.org | Talia Buford |Stephen Engelberg |Allan Sloan |Eli Hager

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. For the third year, ProPublica will invite up to 10 news editors from media companies across the country to participate in a yearlong investigative editing training program, led by the newsroom’s award-winning staff. Applications are now open for the ProPublica Investigative Editor Training Program. Submissions are due March 24 at 9 a.m. Eastern time.

Jan 8, 2025 | autos.yahoo.com | Allan Sloan

Elections have consequences. Just ask Elon Musk and Tesla (TSLA) shareholders. Here’s the deal: In 2022, Tesla stock was a total dog, falling 65% and costing investors billions. It roared back in 2023 — the stock slightly more than doubled. And last year, Tesla rose 62.5%, adding a whopping $506 billion to its stock market value and producing big gains even for investors who don’t own the stock directly.