Trending tickers: Trump Media, Tesla, Bitcoin and DS Smith
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 27 2024
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Source: Yahoo Finance
- Trump Media & Technology Group: Donald Trump's media firm, including Truth Social platform, saw its stock soar on the NYSE debut, reaching a market value of over $9bn.
- Tesla: Tesla shares rose after Elon Musk announced a free trial of driver-assist technology for US customers, aiming to showcase Full Self-Driving capabilities.
- Bitcoin: Bitcoin's price fell below $70,000, but analysts predict a rise to $100,000 soon, with the cryptocurrency pushing back towards its highs.
- DS Smith: DS Smith's stock surged by over 7% following confirmation of talks with US rival International Paper Co., potentially leading to a bidding war for the UK packaging company.
- General News: Trump Media & Technology Group and Tesla were trending stocks in the US, while Bitcoin faced a drop below $70,000, and DS Smith engaged in merger discussions.
Analyst Views on DJTWW
Wall Street analysts forecast DJTWW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DJTWW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 7.088
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Current: 7.088
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
