News

President Donald Trump’s shares of his media company are worth roughly $2.2 billion.

Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.

Paramount downgraded, Broadcom upgraded: Wall Street's top analyst calls

Trump Media, which operates the Truth Social platform and is primarily owned by Trump, filed to re-register shares that would allow Trump's trust to potentially sell $2.3 billion worth of the company's stock. Existing shareholders in the company -- which include U.S. Attorney General Pam Bondi and Trump Media & Technology Group Chairman Devin Nunes -- are also looking to sell a total of 134 million shares, according to the filing.

Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks. But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.

Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.

Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.