Short interest for Trump Media & Technology gives investors a sense of the degree to which investors are betting on the decline of Trump Media & Technology's stock. Short interest data is updated every two weeks.

Trump Media & Technology Stock (NASDAQ:DJT), Short Interest Report

Trump Media & Technology

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Audit.Business.Businessman

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Markets

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General

Trump Media &amp; Technology announced the appointment of Semple, Marchal &amp; Cooper, LLP as its independent registered public accounting firm,.

What&#39;s Going On With Trump Media &amp; Technology Shares Today?

Donald Trump DJT

Trump Media &amp; Technology Group appoints Semple, Marchal &amp; Cooper, LLP as its new independent registered public accounting firm, replacing BF Borgers CPA PC. The decision follows SEC charges against BF Borgers for violations spanning over 1,500 SEC filings from January 2021 to June 2023.

Trump Media &amp; Technology Overhauls Auditors Amid SEC Fraud Allegations

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Short Ideas

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$BTC

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$SHIB

AAPL

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TSLA

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.



Stock markets ended the week on a high note following reassuring comments from Federal Reserve Chair Jerome Powell.

Benzinga Bulls And Bears: Apple, Tesla, AMC, Bitcoin And Shiba Inu&#39;s Chart Forms Powerful Technical Patterns

Trump Media & Technology Group Corp. - Common Stock

Trump Media & Technology Group Corp

DAIICHI JITSUGYO CO LTD by Daiichi Jitsugyo Co Ltd.

Daiichi Jitsugyo Co Ltd

Trump Media & Technology Group Corp. - Warrants

<a href="https://www.theinformation.com/articles/why-investors-are-starting-to-take-pinterest-seriously">https://www.theinformation.com/articles/why-investors-are-starting-to-take-pinterest-seriously</a>

PINS

"Why Investors Are Starting To Take Pinterest Seriously" - The Information

Tuesday,&nbsp;Definitive Healthcare Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DH#NASDAQ">DH</a>) reported first-quarter adjusted EPS of $0.08, up from $0.06 a year ago,&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">in line with the consensus</a>.
The company reported sales of $63.48 million, up 7%, missing the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/g38681280/definitive-healthcare-reports-financial-results-for-first-quarter-fiscal-year-2024" rel="noreferrer noopener">consensus of $63.99 million</a>.
Adjusted EBITDA was $20 million, or 32% of revenue, compared to $15.7 million, or 26% of revenue in Q1 2023.&nbsp;&nbsp;
In the first quarter, Definitive Healthcare grew its enterprise customer base by 30 or 6% Y/Y, ending with 559 enterprise customers.
Guidance:&nbsp;Definitive Healthcare sees second-quarter revenues of $62M– $63.5M versus a consensus of $65.19 million.
The company forecasts second-quarter adjusted EPS of $0.08–$0.09 versus a consensus of $0.09.
Definitive Healthcare sees fiscal year 2024 revenues of $255M– $261M versus a consensus of $266.27 million.
Definitive Healthcare anticipates 2024 adjusted EPS of $0.36–$0.38 versus a consensus of $0.38.
William Blair&nbsp;notes that the management attributed the relative weakness to two primary factors:
<ul>
<li>The broader macro environment continues to pressure the company&#8217;s end markets, translating into tighter budgets and increased spending scrutiny. </li>
<li>Compounded by greater-than-expected disruption in sales activity following the organization&#8217;s go-to-market restructuring actions taken earlier in the year. </li>
<li>The analyst notes that the company substantially restructured its salesforce to prioritize larger enterprise clients in core client verticals in January.</li>
</ul>
In general, William Blair considers the recent quarter somewhat disappointing as it anticipated&nbsp;stronger&nbsp;indications of a rise in organic growth, particularly after management mentioned a slight improvement in retention trends towards the end of 2023 and the start of 2024.
&#8220;We would be buyers on the weakness for two primary reasons,&#8221; the analyst writes:&nbsp;
<ul>
<li>Management&#8217;s revised guidance is reasonable despite a modest implied sequential revenue uptick in the second half of the year.</li>
<li>While the topline growth story remains depressed, the analyst remains positive on management&#8217;s commitment to making select investments to support the platform while prioritizing profitability.</li>
</ul>
Price Action:&nbsp;DH shares&nbsp;are&nbsp;down 27.70% at $5.24&nbsp;at last check&nbsp;Wednesday.

Analyst Color

Earnings

Guidance

Health Care

Analyst Ratings

Buy Definitive Healthcare Stock On Weakness, Analyst Says As Revised Outlook Appears Achievable

Disney Says City Council Has Given Final Approval For DisneyLandForward; Vote For DisneyLandForward Is An Investment In Anaheim; Says We'll Be Investing At Least $1.9B In The Resort In The First 10 Years; DisneyLandForward Will Bring Over 4,500 Operational Jobs To DisneyLand Resort

Citigroup analyst Ashwin Shirvaikar maintains Thoughtworks Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWKS#NASDAQ">TWKS</a>) with a Neutral and raises the price target from $2.5 to $3.25.

Price Target

TWKS

Citigroup Maintains Neutral on Thoughtworks Holding, Raises Price Target to $3.25

TD Cowen analyst Andrew Charles maintains First Watch Restaurant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) with a Hold and lowers the price target from $26 to $25.

FWRG

TD Cowen Maintains Hold on First Watch Restaurant Gr, Lowers Price Target to $25

Macro Economic Events

Economics

Federal Reserve

NY Fed's Perli Says Lots Of Uncertainty Around Final Destination For Fed Balance Sheet; Reverse Repo Facility Very Responsive To Market Rates; Recent Signs Of Money Market Volatility Not A Concern

NY Fed's Perli Lays Out Matrix Of Factors To Measure Market Liquidity; Says Balance Sheet Wind Down Process Has Been Smooth; Slowing Pace Of Balance Sheet Wind Down Reduces Risk Of Market Stress; Fed Has Tools To Deal With Unexpected Money Market Stress; All Signs Point To Still Abundant Market Liquidity Levels

Citigroup analyst Itay Michaeli maintains Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) with a Neutral and raises the price target from $15 to $18.

LYFT

Citigroup Maintains Neutral on Lyft, Raises Price Target to $18

Citigroup analyst Ronald Josey maintains Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) with a Buy and raises the price target from $53 to $65.

RDDT

Citigroup Maintains Buy on Reddit, Raises Price Target to $65

Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) secured agreements to add Lords of the Fallen and Sniper Ghost Warrior Contracts 2 to its Game Pass subscription service.
Confirmation of this deal came from CI Games in a financial note on May 3, though Microsoft has yet to make an official announcement.
See Also: <a href="https://www.benzinga.com/general/gaming/24/05/38683818/activision-blizzard-ordered-to-pay-23-4m-for-patent-infringement">Activision Blizzard Ordered To Pay $23.4M For Patent Infringement</a>
<a href="https://www.ign.com/articles/microsoft-signs-deal-to-bring-lords-of-the-fallen-and-sniper-ghost-warrior-contracts-2-to-game-pass-in-2024">According </a>to IGN, it&#8217;s expected both games will be available on Xbox and PC Game Pass, though specific terms were not disclosed.
Lords of the Fallen, developed by Hexworks, received positive reviews upon its release in October 2023, despite encountering performance issues.
Meanwhile, Sniper Ghost Warrior Contracts 2, released in June 2021, is a tactical shooter stealth game developed and published by CI Games. 
Regarding other Game Pass additions for May 2024, Microsoft has not yet unveiled the full lineup. It has confirmed the addition of titles such as Little Kitty, Big City and Brothers: A Tale of Two Sons.
Additionally, the highly anticipated Xbox exclusive, Senua&#8217;s Saga: Hellblade 2, is set to release on May 21.
This news coincides with a recent restructuring within Microsoft&#8217;s gaming division, which saw the closure of several Bethesda studios, including Arkane Austin and Tango Gameworks.
Read Next: <a href="https://www.benzinga.com/general/gaming/24/05/38678051/microsofts-xbox-closes-4-video-game-studios-in-bethesda-restructure">Microsoft&#8217;s Xbox Closes 4 Video Game Studios In Bethesda Restructure</a>
Photo: Shutterstock

MSFT

Lords Of The Fallen, Sniper Ghost Warrior Contracts 2 To Join Microsoft's Xbox Game Pass

Needham analyst David Saxon reiterates Staar Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAA#NASDAQ">STAA</a>) with a Hold.

Reiteration

STAA

Needham Reiterates Hold on Staar Surgical

WIIM

Zscaler shares are trading lower amid circulation of a security update that was posted earlier, in which the company said it is aware of a public social media post by a threat actor claiming to have potentially obtained unauthorized information.

Citigroup analyst Andrew Kaplowitz maintains Atkore (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATKR#NYSE">ATKR</a>) with a Neutral and lowers the price target from $200 to $188.

ATKR

Citigroup Maintains Neutral on Atkore, Lowers Price Target to $188

Needham analyst Mayank Tandon reiterates Sapiens Intl Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) with a Buy and maintains $38 price target.

SPNS

Needham Reiterates Buy on Sapiens Intl Corp, Maintains $38 Price Target

Citigroup analyst Andrew Kaplowitz maintains Rockwell Automation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) with a Buy and lowers the price target from $322 to $316.

Citigroup Maintains Buy on Rockwell Automation, Lowers Price Target to $316

Solar stocks have demonstrated some of the most robust performances among various sectors since the start of the month, buoyed by favorable market conditions <a href="https://www.benzinga.com/topic/solar">and positive corporate earnings.</a>
The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>), which tracks the performance of approximately 40 solar energy companies, has experienced a significant upturn. Over the last 10 sessions, this ETF has surged by 10%, rebounding from its lowest point since July 2020. This rally is particularly noteworthy as it reflects broader investor optimism in the renewable energy sector.
Several factors have contributed to this positive momentum. A notable catalyst has been the decrease in long-dated U.S. Treasury yields, which have fallen substantially since late April. 
Specifically, the 30-year Treasury yield dropped from a high of 4.85% to 4.63%, and the 10-year yield decreased from 4.73% to 4.50%. These declines in yields reduce the cost of borrowing and are especially beneficial for capital-intensive industries like solar energy.
The sensitivity between solar stock performance and Treasury yields is strong. Solar companies often rely on significant capital to fund their expansive projects. When Treasury yields rise, so do borrowing costs. Higher interest rates increase the cost of loans for solar firms, which can reduce their profitability and make their projects less economically viable.
Additionally, the value of solar stocks is frequently determined by the present value of their expected future cash flows. When Treasury yields increase, so does the discount rate used to calculate these cash flows. As a result, a rise in yields can lead to a decrease in the present value of these cash flows, negatively impacting stock prices.
This inverse relationship between solar stocks and Treasury yields is shown in the chart below
Chart: Solar Stocks Are Negatively Correlated With Long-Dated Treasury Yields
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/08144838/image-47-1024x495.png" alt="" class="wp-image-329110" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/08144838/image-47-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/08144838/image-47-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/08144838/image-47-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/08144838/image-47-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/08144838/image-47.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Industry Leader First Solar Signals A Turning Point</h3>
First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), a leader in the solar industry, recently reported first-quarter revenues of $794 million—well above the consensus estimate of $718 million. The company also exceeded earnings expectations, posting an adjusted EPS of $2.20 compared to the predicted $2.00.
Brian Lee, CFA, an equity analyst at Goldman Sachs, believes that &#8220;the pricing environment could be inflecting soon.&#8221;&nbsp;
In particular, the analyst flags that &#8220;renewables demand from data centers represents a meaningful portion of FSLR&#8217;s demand mix&#8221; which could significantly influence the company&#8217;s order backlog in the near term.
Reflecting this optimism, Goldman Sachs has set a 12-month price target of $268 for First Solar, indicating a potential 38% increase from its current price levels.
<h3 class="wp-block-heading">Are Solar Stocks Expensive Or Cheap?</h3>
When considering the valuation of solar stocks, the Invesco Solar ETF is currently trading at 22 times its forward earnings. This multiple is significantly lower than the valuations seen during the 2020-2021 period when solar stocks were trading at up to 80 times their forward earnings. This indicates that solar stocks are relatively more affordable now compared to their peak valuations.
The future trajectory of the solar industry heavily relies on macroeconomic factors, particularly inflationary pressures and the Federal Reserve&#8217;s monetary policy. 
A decrease in inflationary pressures, leading to lower Treasury yields on expectations of a policy shift by the Federal Reserve, could further brighten the outlook for the solar industry. 
The likelihood of the Federal Reserve implementing rate cuts will play a crucial role in shaping the prospects for solar stocks in the coming months.
Read now: <a href="https://www.benzinga.com/markets/asia/24/05/38706682/chinese-stocks-surge-as-investors-bet-on-economic-turnaround-7-etfs-to-watch">Chinese Stocks Surge As Investors Bet On Economic Turnaround: 7 ETFs To Watch</a>
Photo: Shutterstock

Bonds

Treasuries

FSLR

Solar Stocks Shine Again As Declining Treasury Yields Boost Market Confidence

Citigroup analyst Yigal Nochomovitz maintains Apellis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLS#NASDAQ">APLS</a>) with a Buy and lowers the price target from $67 to $60.

APLS

Citigroup Maintains Buy on Apellis Pharmaceuticals, Lowers Price Target to $60

Needham analyst Joshua Reilly reiterates Clear Secure (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YOU#NYSE">YOU</a>) with a Buy and maintains $40 price target.

Needham Reiterates Buy on Clear Secure, Maintains $40 Price Target

Citigroup analyst Fatima Boolani maintains Rapid7 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPD#NASDAQ">RPD</a>) with a Buy and lowers the price target from $65 to $52.

Citigroup Maintains Buy on Rapid7, Lowers Price Target to $52

HC Wainwright &amp; Co. analyst Ed Arce maintains Madrigal Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDGL#NASDAQ">MDGL</a>) with a Buy and lowers the price target from $425 to $390.

MDGL

HC Wainwright & Co. Maintains Buy on Madrigal Pharmaceuticals, Lowers Price Target to $390

Trump Media dismisses accounting firm after being accused of 'massive fraud'

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
GameStop (NYSE:<a href="https://investorplace.com/stock-quotes/gme-stock-quote/">GME</a>) stock is a hot topic among traders on Monday as recent volatility has investors wondering if meme trading is making a return.



The big news here is that GME stock managed to <a href="https://seekingalpha.com/news/4099957-another-meme-rally-gamestop-launched-51-higher-two-day-rally">rally more than 50%</a> over two days last week. That increase in price came without any news concerning the company. This had some traders wondering if meme traders were behind the movement.



Now traders are seeing shares of GME stock <a href="https://www.marketwatch.com/story/gamestop-shares-slide-6-premarket-after-skyrocketing-last-week-13a8a722?mod=mw_latestnews">give up some of those gains</a> on Monday. And just like last week, there&rsquo;s no news that explains why the company&rsquo;s shares are sliding lower today.



What is worth noting is the heavy trading of GME stock on Wednesday afternoon. That has more than 20 million shares of the stock changing hands as of this writing. That&rsquo;s already well above its daily average trading volume of about 4.2 million shares.



<h2>What&rsquo;s Next for GME Stock?</h2>



That all depends on how meme stock traders are feeling. If they continue to bet on the video game retailer&rsquo;s shares, we could see the company undergo another rally in the near future.



On the flip side of that, this really could have been a short-lived rally for GME stock. If that&rsquo;s the case, the company is likely going to give up even more of last week&rsquo;s gains in the days to come.



GME stock is down 15.8% as of Monday afternoon.



Investors looking for even more of the latest stock market stories are going to want to stick around!



We have all of the hottest stock market news traders need to know about on Monday! That includes everything happening with shares of SoFi&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/sofi-stock-quote/">SOFI</a>) stock, Trump Media &amp; Technology&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/">DJT</a>) stock and more. All of that info is ready to go at the links below!



<h2>More Monday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/05/ceo-anthony-noto-just-bought-nearly-200000-worth-of-sofi-stock/">CEO Anthony Noto Just Bought Nearly $200,000 Worth of SoFi Stock</a></li>



<li><a href="https://investorplace.com/2024/05/djt-stock-trump-media-fires-accounting-firm-hires-replacement-after-sec-charges/">DJT Stock: Trump Media Fires Accounting Firm, Hires Replacement After SEC Charges</a></li>



<li><a href="https://investorplace.com/2024/05/zk-stock-ipo-when-does-zeekr-go-public-what-is-the-zeekr-ipo-price-range/">ZK Stock IPO: When Does Zeekr Go Public? What Is the Zeekr IPO Price Range?</a></li>
</ul>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/05/gme-stock-what-is-going-on-with-gamestop-after-50-rally/">GME Stock: What Is Going on With GameStop After 50% Rally?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

GME Stock: What Is Going on With GameStop After 50% Rally?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Trump Media &amp; Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/">DJT</a>) stock is in the news Monday after the owner of Truth Social <a href="https://www.cnbc.com/2024/05/06/trump-media-hires-new-auditor-after-accounting-firm-charged-with-fraud.html">fired accounting firm BF Borgers CPA</a>.



This firing of BF Borgers CPA came after the company and its founder were hit with charges from the Securities and Exchange Commission (SEC). That includes fraud charges tied to <a href="https://investorplace.com/2024/05/djt-stock-alert-sec-charges-trump-media-auditor-with-massive-fraud/">more than 1,500 filings</a> ranging from January 2021 through June 2023.



With these charges against BF Borgers CPA, Trump Media &amp; Technology has dropped the auditor and replaced it with Semple, Marchal &amp; Cooper LLP. It also had no choice as BF Borgers CPA has been banned from acting as an auditor.



Trump Media &amp; Technology provided the following statement to CNBC concerning the change in auditors.




&ldquo;The decision to change independent registered public accounting firms was made with the recommendation and approval of the Audit Committee of the Company.&rdquo;




<h2>DJT Stock Movement on Monday</h2>



News of Trump Media &amp; Technology attaining a new auditor is boosting DJT shares today. That has the stock up 1% as of this writing. That comes with some 2.8 million shares changing hands. This is still below its daily average trading volume of about 6.6 million shares.



Investors who are seeking out even more of the most recent stock market stories are going to want to stick around!



We have all of the hottest stock market news that investors need to know about on Monday! A few examples include what&rsquo;s happening with the upcoming Zeekr initial public offering (<a href="https://investorplace.com/stock-quotes/ipo-stock-quote/">IPO</a>), Warren Buffett selling Paramount Global&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/para-stock-quote/">PARA</a>) stock and what has Lyra Therapeutics&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/lyra-stock-quote/">LYRA</a>) stock falling hard today. All of that news is good to go at the links below!



<h2>More Stock Market News for Monday</h2>



<ul><li><a href="https://investorplace.com/2024/05/zk-stock-ipo-when-does-zeekr-go-public-what-is-the-zeekr-ipo-price-range/">ZK Stock IPO: When Does Zeekr Go Public? What Is the Zeekr IPO Price Range?</a></li>



<li><a href="https://investorplace.com/2024/05/warren-buffett-just-gave-up-on-paramount-para-stock/">Warren Buffett Just Gave Up on Paramount (PARA) Stock</a></li>



<li><a href="https://investorplace.com/2024/05/why-is-lyra-therapeutics-lyra-stock-down-90-today/">Why Is Lyra Therapeutics (LYRA) Stock Down 90% Today?</a></li>
</ul>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/05/djt-stock-trump-media-fires-accounting-firm-hires-replacement-after-sec-charges/">DJT Stock: Trump Media Fires Accounting Firm, Hires Replacement After SEC Charges</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

DJT Stock: Trump Media Fires Accounting Firm, Hires Replacement After SEC Charges

When your accounting firm, which also serves as an auditor, is connected with the phrase "massive fraud," it's generally a good move to find a new ...

Truth Social (NASDAQ:DJT) Gains on New Accounting Firm

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
EHang&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/eh-stock-quote/">EH</a>) stock is rallying on Monday after Morgan Stanley kicked off coverage of the flying car company with positive sentiments.



Morgan Stanley&rsquo;s coverage of EH stock starts with a bullish price target of <a href="https://www.cnbc.com/2024/05/06/morgan-stanley-says-this-flying-car-stock-can-surge-nearly-60percent.html">$27.50 per share</a>. That&rsquo;s a potential upside of almost compared to its prior closing price of $17.38. It&rsquo;s also worth noting the analysts&rsquo; consensus price prediction of $29 per share.



To go along with that bull price target is an &ldquo;overweight&rdquo; rating for EH stock. To put that in perspective, the <a href="https://www.marketbeat.com/stocks/NASDAQ/EH/price-target/">analysts&rsquo; consensus rating</a> for EH shares is buy based on two opinions.



<h2>What&rsquo;s Behind the Bull Stance on EH Stock?</h2>



Here&rsquo;s what Morgan Stanley analyst Cindy Huang said about EHang in a note to clients obtained by CNBC.




&ldquo;We view EHang as a pioneer in the urban air mobility (UAM) market &mdash; with the world&rsquo;s first [type certificate] awarded, validated products, and access to a multi-trillion [renminbi total addressable market] in China.&rdquo;




The positive coverage of EH stock has the company&rsquo;s shares up 10% as of Monday afternoon. That comes with more than 2.7 million shares of the stock changing hands. This is already well above the company&rsquo;s daily average trading volume of roughly 1.5 million shares.



Investors seeking out even more of the most recent stock market stories are going to want to keep reading!



We have all of the hottest stock market news that traders need to know about on Monday! Among that is what has shares of GameStop&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/gme-stock-quote/">GME</a>), SoFi&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/sofi-stock-quote/">SOFI</a>) and Trump Media &amp; Technology&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/">DJT</a>) stock moving today. All of that info is available at the following links!



<h2>More Monday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/05/gme-stock-what-is-going-on-with-gamestop-after-50-rally/">GME Stock: What Is Going on With GameStop After 50% Rally?</a></li>



<li><a href="https://investorplace.com/2024/05/ceo-anthony-noto-just-bought-nearly-200000-worth-of-sofi-stock/">CEO Anthony Noto Just Bought Nearly $200,000 Worth of SoFi Stock</a></li>



<li><a href="https://investorplace.com/2024/05/djt-stock-trump-media-fires-accounting-firm-hires-replacement-after-sec-charges/">DJT Stock: Trump Media Fires Accounting Firm, Hires Replacement After SEC Charges</a></li>
</ul>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/05/eh-stock-alert-morgan-stanley-says-flying-car-maker-ehang-has-60-upside-potential/">EH Stock Alert: Morgan Stanley Says Flying Car Maker EHang Has 60% Upside Potential</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

EH Stock Alert: Morgan Stanley Says Flying Car Maker EHang Has 60% Upside Potential

Truth Social (NASDAQ:DJT) Gains after Hiring New Accounting Firm

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Once, the saying &ldquo;Don&rsquo;t bet against the mouse&rdquo; was commonplace when advising investors to avoid trading against Disney (NYSE:<a href="https://investorplace.com/stock-quotes/dis-stock-quote/">DIS</a>). Increasingly, that maxim is falling out of favor and replaced with &ldquo;Don&rsquo;t bet against Elon Musk.&rdquo;



Looking at Elon Musk&rsquo;s many projects with a clear, fair and impartial perspective is nearly impossible today. That&rsquo;s because political infighting and armchair experts dissect every word, bit of biographical data and operational misstep with a bad faith, maximally critical eye &mdash; just search Elon Musk on Reddit (NYSE:<a href="https://investorplace.com/stock-quotes/rddt-stock-quote/">RDDT</a>) if you don&rsquo;t believe me.



Luckily for Elon Musk, the millions of lobsters trying to drag him and other high-performers back into the pot can&rsquo;t argue with results and reality (effectively, at least). And, across Elon Musk&rsquo;s many business ventures, finding a directly competitive parallel company getting effectively manhandled by Musk is simple, even as his flagship company Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) hits rocky roads.



Each of these stocks is going head-to-head with Elon Musk, and the forecast isn&rsquo;t good &mdash; meaning it&rsquo;s time to call these stocks to sell before it&rsquo;s too late.



<h2>Boeing (BA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/12/boeing-737-max-ba-1600-300x169.jpg" alt="image of a Boeing (BA) 737 max aircraft. stocks to buy and sell related to Boeing"><div>Source: Marco Menezes / Shutterstock.com</div></div>Boeing (NYSE:<a href="https://investorplace.com/stock-quotes/ba-stock-quote/">BA</a>) has had its fair share of troubles this year as a &ldquo;profit first&rdquo; mentality meant MBA-types overrode engineering expertise and sacrificed safety for cost savings. That, and other factors, contributed to Boeing&rsquo;s stock sliding 30% since January and still trading well below pre-pandemic levels.



But from our current perspective, Boeing is a stock to sell based on this week&rsquo;s Starliner mishap. Boeing&rsquo;s answer to SpaceX&rsquo;s routine space cargo and personnel delivery operations is the Starliner. May 6th marked Boeing&rsquo;s <a href="https://www.nbcnews.com/science/space/boeing-scrubs-starliner-crewed-launch-rcna150843">final crewed test flight</a> to the International Space Station. Following a successful flight, they&rsquo;d be fully authorized to conduct routine flights and deliveries outside Earth&rsquo;s orbit. But sensor readings on the platform&rsquo;s oxygen valves forced the scrub. While we&rsquo;re grateful that experts caught the issue before a disaster, it remains an inopportune event when Boeing desperately needs a win &mdash; any win.



All of this brings to mind the 2004 Aviation Week magazine headline, which <a href="https://archive.aviationweek.com/issue/20040329">asked readers,</a> &ldquo;Can Tiny SpaceX Rock Boeing?&rdquo; Increasingly, the answer is Yes &mdash; though SpaceX isn&rsquo;t so tiny anymore.



<h2>Rockwell Automation (ROK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/rok-1600-300x169.png" alt="Rockwell Automation sign is seen in Cambridge, On, Canada. ROK stock."><div>Source: JHVEPhoto / Shutterstock</div></div>I&rsquo;m exceedingly bullish on the wider robotics and automation fields; Rockwell Automation (NYSE:<a href="https://investorplace.com/stock-quotes/rok-stock-quote/">ROK</a>) is one of those blue-chip robotics stocks that&rsquo;s tough to beat. But Rockwell and smaller competitors should watch out as Elon Musk continually improves Tesla&rsquo;s independent robotics efforts. Rockwell particularly focuses on industrial automation, directly competing with Elon Musk&rsquo;s burgeoning robotics projects.



Tesla has <a href="https://www.assemblymag.com/articles/97788-tesla-rethinks-the-assembly-line">long been at the front</a> of innovative automotive assembly operations that include automation (say that five times fast). These robotics platforms are largely what you&rsquo;d expect: massive swinging arm assemblies moving components and frames, spraying paint compounds and similarly large-scale tasks. Robotics largely steered clear of minute, sensitive tasks with less room for error &mdash; until recently. That&rsquo;s when Elon Musk <a href="https://www.teslarati.com/tesla-optimus-sorting-battery-cells/">unveiled a new video</a> of the Optimus humanoid robot sorting battery cells, wandering about the office and even self-correcting errors.



While the tech isn&rsquo;t quite reaching worker replacement levels, it&rsquo;s still early. As robotics like Optimus become more dexterous, as Musk already plans with <a href="https://www.teslarati.com/tesla-optimus-hands-22-degrees-of-freedom-upgrade-2024/">greater hand articulation</a> later in the year, these types of robotics will be able to perform dangerous (but in-demand) work that&rsquo;s either too risky or costly for humans &mdash; further hurting automation and robotics competitors&rsquo; best efforts.



<h2>Trump Media &amp; Technology Group (DJT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/dwac1600-300x169.png" alt="In this photo illustration, the Truth Social logo seen displayed on a smartphone with a photo of former US President Donald Trump displayed in the background. DJT stock"><div>Source: rafapress / Shutterstock.com</div></div>I <a href="https://investorplace.com/2024/04/dump-trump-buy-these-3-social-media-stocks-instead/">said before</a> that Trump Media &amp; Technology Group&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/">DJT</a>) Truth Social platform had a brief window of opportunity to capitalize on wider social media missteps and misaligned trends. Unfortunately for bagholders, that day is long past. Elon Musk is a major reason Truth Social&rsquo;s former value proposition no longer holds.



In a nutshell, Truth Social&rsquo;s time in the spotlight came amid very clear social media censorship and algorithmic silencing that increasingly became proven via document leaks and solid investigative journalism. At that time, real value lay in creating a large social media ecosystem away from the bigger names. Other platforms existed but tended to be too small or niche to gather momentum, and few personalities could bring as much hype and attention to a burgeoning social media platform as Trump&rsquo;s.



Protracted legal battles and (frankly) <a href="https://www.cnbc.com/2024/04/19/citadel-securities-blasts-trump-media-ceo-over-djt-short-sale-letter.html">mismanagement</a> on CEO Devin Nunes&rsquo; part dashed any hopes of Truth Social becoming a viable competitor. But it didn&rsquo;t matter. Musk&rsquo;s realignment and reorientation of X served nearly every ethos Truth Social espoused, and the bet is paying off. Global X user rates are <a href="https://www.statista.com/forecasts/1146722/twitter-users-in-the-world">accelerating,</a> and advertising is finally <a href="https://www.statista.com/statistics/271337/twitters-advertising-revenue-worldwide/">finding its footing,</a> even as some continue calling for <a href="https://www.cnn.com/2023/09/05/tech/elon-musk-adl-lawsuit/index.html">advertising boycotts</a> against Musk. On the flip side, Truth Social&rsquo;s user rates are <a href="https://www.statista.com/statistics/1293120/truth-social-downloads-app/">rapidly dwindling</a> and <a href="https://www.axios.com/2024/04/01/trump-truth-social-revenue-2023">ad revenue</a> is nearly nonexistent.



I&rsquo;m hesitant to forecast Truth Social&rsquo;s future, considering how much of a wildcard Trump&rsquo;s presence introduces into the equation. Still, one thing is certain: Elon Musk did what Truth Social set out to do, cheaper and more effectively &mdash; and it&rsquo;s still relatively early in X&rsquo;s second lease at life.



On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>
<div>Jeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy&rsquo;s work can also be found at <a href="https://jeremyflint.work/">www.jeremyflint.work</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/05/3-stocks-to-sell-before-elon-musk-puts-the-nail-in-their-coffins/">3 Stocks to Sell Before Elon Musk Puts the Nail in Their Coffins</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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Trump Media &amp; Technology Group&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/djt-stock-quote/">DJT</a>) is a lightning rod among publicly traded companies. Because of its volatility and risk, Trump Media stock could shoot for the moon or have a crash landing. Therefore, constant vigilance and appropriate position sizing are vitally important.



People have strong opinions about Trump Media &amp; Technology Group, which is typically shortened to Trump Media. I encourage stock traders to set their political opinions aside with Trump Media. That&rsquo;s easier said than done, but it&rsquo;s not about blue states versus red states. It&rsquo;s about putting more green in your portfolio.



<h2>Trump Media: Not All News Is Good News</h2>



There are plenty of set-it-and-forget-it investments out there, but Trump Media stock isn&rsquo;t one of them. You have to be nimble and ready to change your investment thesis at any given moment.



For one thing, the political landscape is always shifting, and Donald Trump&rsquo;s chances of winning the 2024 presidential election will change over the coming months. Trump&rsquo;s <a href="https://www.reuters.com/world/us/legal-troubles-former-us-president-donald-trump-2024-04-15/">legal battles</a> are constantly in the headlines.



Here&rsquo;s an example of the headline risk associated with Trump Media. Not long ago, InvestorPlace contributor William White reported that Trump Media <a href="https://investorplace.com/2024/05/djt-stock-alert-sec-charges-trump-media-auditor-with-massive-fraud/">auditor</a> BF Borgers CPA &ldquo;was&nbsp;<a href="https://www.cnbc.com/2024/05/03/trump-media-auditor-charged-by-sec-with-massive-fraud-permanently-barred-from-public-company-audits.html?ref=biztoc.com">hit with charges</a>&nbsp;from the Securities and Exchange Commission.&rdquo;



Moreover, the SEC alleged that BF Borgers CPA took part in &ldquo;deliberate and systemic failures to comply with Public Company Accounting Oversight Board.&rdquo; You might or might not feel that this development is important, but White observed that Trump Media stock dropped on the news.



<h2>Trump Media: Know Why You Own It</h2>



You may have heard the investment principle of &ldquo;know what you own.&rdquo; To that, I would add, &ldquo;know why you own it.&rdquo;



This is certainly true with a volatile asset like Trump Media stock. Any uncertainty could shake you out of the trade when the going gets rough.



Maybe you&rsquo;re a meme-stock traders who just wants to flip a few Trump Media shares for a quick profit. If you&rsquo;re a serious investor, though, conduct your full due diligence on Trump Media.



Trump Media <a href="https://www.barrons.com/articles/djt-stock-trump-media-price-truth-social-2a62b356">lost money</a> in 2023. Also, for the month of March, Barron&rsquo;s reported a 21% year-over-year decline in active users of Trump Media&rsquo;s Truth Social platform.



However, the story isn&rsquo;t fully written yet. Truth Social appeals to consumers leaning conservative who prefer alternative media. If you firmly believe that Truth Social can gain many followers over the long run, it could make sense to invest in Trump Media.



Naturally, the outcome of the presidential election will have an impact on Trump Media stock. So will various news items in the coming months, some of which may work in Trump Media&rsquo;s favor. 



The important thing is to keep tabs on what&rsquo;s happening with Truth Social, Trump Media and Trump himself.



<h2>Keys to Success</h2>



You can&rsquo;t control the news. However, you hold the keys to your success as an investor. First and foremost, understand the risks involved as volatility is to be expected. If you have a share position in Trump Media &amp; Technology Group, keep it small.



In addition, monitor the headlines and have an exit plan if something unfavorable happens. Finally, only get involved with this opportunity if you firmly believe in the growth of Truth Social. 



If you follow these guidelines, you just might succeed as an investor of Trump Media stock.



On the date of publication, David Moadel&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>David Moadel has provided compelling content &ndash; and crossed the occasional line &ndash; on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets.</div><h3>More From InvestorPlace</h3>
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We know that Truth Social (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) has been a wild ride of late, with the volatility seen in just the last three months alone on par with some ...

Truth Social (NASDAQ:DJT) Surges as Trial Carries On

We know that social media platform Truth Social (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) has been on a wild ride lately, with the volatility seen in just the last three months...

Truth Social (NASDAQ:DJT) Surges as Trump Trial Carries On

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Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

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Trump Media & Technology Stock (NASDAQ:DJT), Short Interest Report

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