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Trump Media's Call For Short-Selling Probe A 'Diversion Tactic,' Says Herb Greenberg: 'Beware Of What You Wish For'
Friday, May 3, 2024 - 5:41am | 774Financial journalist Herb Greenberg expressed skepticism over Trump Media & Technology Group Corp.‘s (NASDAQ:DJT)push for a legislative probe into the short-selling of its shares, terming it a “diversion tactic.” What Happened: Greenberg shared his thoughts on the recent move...
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What's Going On With Trump Media & Technology Group Stock?
Wednesday, March 27, 2024 - 12:55pm | 558Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading higher Wednesday following the stock's Nasdaq debut on Tuesday. Here's a look at what to know. What To Know: Trump Media & Technology Group began trading on the Nasdaq Tuesday after completing its long-awaited...
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Trump's DJT Stock Is Worth 52x More Than Nvidia By 1 Data Point
Wednesday, March 27, 2024 - 11:59am | 1172Former President Donald Trump's media company Trump Media & Technology Group (NASDAQ:DJT) made its public debut Tuesday after a SPAC merger was approved by shareholders last week. The stock surged in its Wall Street debut, seeing strong interest from traders. Going forward, questions surround...
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Is The iBuying Model Doomed To Fail In The US Housing Market?
Wednesday, December 1, 2021 - 7:37pm | 611Zillow Group Inc (NASDAQ: Z) shares have been crushed since the company announced a pause and subsequent shutdown of its U.S. home iBuying program. At first glance, Zillow exiting the iBuying market might look like a win for completing iBuying stocks, such as Opendoor Technologies Inc (NASDAQ: OPEN...
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After GE Slashes Its Dividend, Who Will Be Next?
Monday, November 13, 2017 - 5:40pm | 422General Electric Company (NYSE: GE) announced a series of plans Monday to improve its business moving forward, perhaps the most notable of which consists of a 50 percent reduction to its dividend payment. The Expert Herb Greenberg, managing partner of Pacific Square Research and CNBC...
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Herb Greenberg Isn't Buying Herbalife's Optimism: 'They Have A Broken Business Model'
Thursday, August 4, 2016 - 2:25pm | 485On Thursday morning’s PreMarket Prep, CNBC analyst and Pacific Square Research partner Herb Greenberg discussed Herbalife Ltd. (NYSE: HLF) and its controversial multilevel marketing model. Back in July, Herbalife reached a $200 million settlement with the Federal Trade Commission related to...
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Herb Greenberg Won't Be Investing In Tesla Any Time Soon: Here's Why Not
Thursday, August 4, 2016 - 1:33pm | 497Herb Greenberg of Pacific Square Research said he is not inclined to put his money on Tesla Motors Inc (NASDAQ: TSLA), as valuing the electric car maker is "nearly impossible" for the veteran investigative financial journalist. Tesla, which has yet to report a profit, is grossly overvalued compared...
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Why People Should Pay More Attention To Accounting, According To Herb Greenberg
Thursday, August 4, 2016 - 11:40am | 399Famed journalist, CNBC contributor and Managing Partner of Pacific Square Research, Herb Greenberg, was a special guest on Benzinga's PreMarket Prep Thursday. Among the many topics of conversation included Alibaba Group Holding Ltd (NYSE: BABA). Alibaba is in the midst of making a recovery...
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What Does Carl Icahn Think Of Herbalife's FTC Settlement?
Friday, July 15, 2016 - 9:13am | 466Herbalife Ltd. (NYSE: HLF)'s stock soared higher Friday morning following reports the U.S. Federal Trade Commission concluded the company isn't operated as a pyramid scheme. Billionaire investor and major Herbalife shareholder Carl Icahn issued a statement following the news report....
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Greenberg: Valeant Reminds Me Of Tyco
Tuesday, March 22, 2016 - 2:30pm | 233Herb Greenberg, a partner at Pacific Square Research, talked about the similarities of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) to Tyco back in 2002. "The big difference between two companies is that Tyco had big entities to sell. This is a bunch of different drugs," Greenberg...
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Why Twitter's Near-Term Stock Price Will Decide Acquisition Fate
Friday, April 10, 2015 - 11:13am | 396The rumors of Twitter Inc (NYSE: TWTR) getting acquired by Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) have existed ever since Twitter was a private and much smaller company. The past few years have seen Twitter become not only listed, but growing into a $34 billion company. Due to this success, the...
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Is Twitter Still A Growth Stock?
Monday, February 9, 2015 - 2:48pm | 561Want real-time analysis on Twitter? Try this. Get real-time trading picks and analysis from experts beating the S&P like The Steady Trader. Analysts were not expecting the numbers that Twitter Inc (NYSE: TWTR) posted for the fourth-quarter last Thursday. The 97 percent increase in...
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What's Driving Up Intrexon?
Tuesday, November 11, 2014 - 4:56pm | 406Intrexon Corp (NYSE: XON) shares witnessed a massive rise during mid-session on Tuesday, after opening flat. Though the company is scheduled to release its third quarter results on Thursday, November 13, that’s likely not the reason traders got interested in the stock and drove it up...
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Top 20 Financial Pundits To Follow On Twitter
Tuesday, October 14, 2014 - 4:21pm | 697Financial advice is not easy to get, and today when the national debt is at an all-time high, many are eager for a few words of wisdom. Here is an updated list from The Wall Street Journal containing 20 wealth and financial experts on Twitter who can shell out some worthy information. 1) Howard...
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Financial Pundits Express Both Optimism, Pessimism On Sodastream International Ltd
Tuesday, October 7, 2014 - 4:11pm | 789Sodastream International Ltd (NASDAQ: SODA) stocks were halted before the market open Tuesday after negative preliminary earnings results were reported. The company’s revenue is hovering around $125 million, almost 20 percent less than the Capital IQ estimate of $153 million. Financial...