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	<title>fallen &#8211; USA NEWS LIVE</title>
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		<title>The successful start of the College Football Playoff proves that the sky has not fallen &#8211; as so many have claimed</title>
		<link>https://bloggingthree.soflytech.com/2024/12/the-successful-start-of-the-college-football-playoff-proves-that-the-sky-has-not-fallen-as-so-many-have-claimed/</link>
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		<dc:creator><![CDATA[enzo2go]]></dc:creator>
		<pubDate>Sat, 21 Dec 2024 06:08:03 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
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					<description><![CDATA[In 1993, an 11-1 Notre Dame team finished second within the poll, behind a 12-1 Florida State team that had defeated the Fighting Irish within the regular season. Notre Dame fans were indignant that they were denied a national championship since the sport refused to place its champion on the sector. The school&#39;s athletic director, [&#8230;]]]></description>
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<p>In 1993, an 11-1 Notre Dame team finished second within the poll, behind a 12-1 Florida State team that had defeated the Fighting Irish within the regular season. Notre Dame fans were indignant that they were denied a national championship since the sport refused to place its champion on the sector. The school&#39;s athletic director, Dick Rosenthal, didn&#8217;t share her standpoint.</p>
<p>“(Notre Dame&#39;s) position was to reject the playoffs because we don&#39;t believe in extending the season,” he said. “It is a threat to the student-athlete’s academic success.”</p>
<p>Guess which school will host the first-ever College Football Playoff home game 31 years later?</p>
<p>Notre Dame hosts Indiana on Friday night in the primary game of the primary 12 months of a 12-team postseason tournament. It&#39;s nothing in need of a miracle that there are 4 FBS playoff games on college campuses this weekend, considering that coaches, athletic directors, university presidents, conference commissioners and, in fact, bowl managers have been warning us for many years about all of the dire consequences That day will ever come.</p>
<div class="go-deeper">
<div class="go-deeper-img"><img decoding="async" loading="lazy" src="https://static01.nyt.com/athletic/uploads/wp/2024/12/16212051/USATSI_24927553-1024x683.jpg?width=128&#038;height=128&#038;fit=cover&#038;auto=webp" class="go-deeper" alt="go deeper"></div>
<div>
<p class="go-deeper-label">Go deeper</p>
<p class="go-deeper-title">A Playoff Guide for Bandwagon Fans: Reasons to Root for (and Against) Every Team</p>
</div>
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<p>“If our team were fortunate enough to qualify, there would be a very serious academic conflict,” Tennessee athletic director Bob Woodruff wrote <a href="https://ncaanewsarchive.s3.amazonaws.com/1971/19711201.pdf" target="_blank" rel="nofollow noopener noreferrer">a 1971 NCAA News editorial</a>. “In order to play more than one football game during the holiday period from mid-December to January 1, special (testing) schedules would be required.”</p>
<p>It only took 53 years, but Tennessee will need to have figured something out. The Vols play a first-round playoff game at Ohio State on Saturday. If they win, they may play again on January 1st in Pasadena, California.</p>
<p>College football&#39;s infinite debate over conducting NFL-style playoffs dates back to at the least the Nineteen Sixties, when several distinguished coaches began advocating for such a system. One of the primary was Penn State University&#39;s Joe Paterno, who didn&#39;t live to see the Nittany Lions host SMU on Saturday in a first-round game with temperatures expected to be within the low 70s and possibly snow.</p>
<p>Their voices remained within the minority amongst college athletic leaders for many years. It took until 1998 for an official national championship game to be held at considered one of the 4 bowl sites, after which until 2014 to carry a four-team playoff. Anything beyond that was a bridge too far.</p>
<p>“I have to tell you, I really don&#39;t think there&#39;s going to be an NFL-style playoff in college football anytime soon,” then-BCS coordinator Kevin Weiberg said in 2005. He was right.</p>
<p>Academics were considered one of the most important excuses (ahem, concerns) expressed by university presidents and others. Not to say the undeniable fact that basketball players have been commuting across the country for 3 weeks during March Madness or that the College World Series is well beyond graduation. Football players would definitely fail in the event that they needed to play an additional game within the finals week.</p>
<p>“They’re going to rip a playoff system from my cold, dead hands,” then-Ohio State president Gordon Gee said in 2007. Gee, now West Virginia’s president, continues to be very much alive.</p>
<p>Another major concern was that a bigger playoff would smash college football&#39;s exciting regular season. In a 2008 interview, Big East commissioner Mike Tranghese referenced Pitt&#39;s season-ending upset of West Virginia the previous season, which had knocked the Mountaineers completely out of contention for the national championship.</p>
<p>&#8220;If there had been a playoff, who would have seen this game?&#8221; he said. “It wouldn’t mean anything. West Virginia would already be in the playoffs.”</p>
<div class="go-deeper">
<div class="go-deeper-img"><img decoding="async" loading="lazy" src="https://static01.nyt.com/athletic/uploads/wp/2024/12/18142243/12-18-cfp-picks-1024x683.jpg?width=128&#038;height=128&#038;fit=cover&#038;auto=webp" class="go-deeper" alt="go deeper"></div>
<div>
<p class="go-deeper-label">Go deeper</p>
<p class="go-deeper-title">Our Experts&#39; College Football Playoff Predictions: Who Will Win It All?</p>
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</div>
<p>On the ultimate day of this regular season, 16.6 million people watched an SEC championship game between two teams, Georgia and Texas, each of which were safely within the playoffs.</p>
<p>When it involves hosting December games on campus, generations of leaders whose schools might get the chance to host the most important home game of their history found countless reasons to say “no thanks.”</p>
<p>For example, in 2019, then-Clemson athletic director Dan Radakovich said of potential home playoff games: &#8220;Have you ever tried to get a hotel (on short notice) in Clemson, SC, or Blacksburg, Virginia?&#8221;</p>
<p>Well, problem solved: Clemson is playing its first-round game in Austin, Texas, where there are 50,000 hotel rooms. (Plus, CFP&#39;s travel agency secured hotel blocks near all of its most important competitors months ago.)</p>
<p>And oh yes, the cold weather. No cold weather please. It doesn&#39;t matter that lower-tier schools in Montana and Minnesota have long played outdoor postseason games.</p>
<p>“There needs to be some accounting of stadiums that need to be winterized in the months of December and January, etc.,” Big 12 commissioner Bob Bowlsby said in 2021.</p>
<p>No have to panic. Penn State athletic director Pat Kraft said the newly renovated Beaver Stadium could be ready to be used this weekend.</p>
<p>“The heat is rolling,” he said. &#8220;Everything will be fine.&#8221;</p>
<div class="go-deeper">
<div class="go-deeper-img"><img decoding="async" loading="lazy" src="https://static01.nyt.com/athletic/uploads/wp/2024/12/12084830/USATSI_24720280-1024x683.jpg?width=128&#038;height=128&#038;fit=cover&#038;auto=webp" class="go-deeper" alt="go deeper"></div>
<div>
<p class="go-deeper-label">Go deeper</p>
<p class="go-deeper-title">How Penn State overcomes the logistical hurdles of hosting a playoff game at Beaver Stadium</p>
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</div>
<p>The root reason behind all these excuses (ahem, concerns) was the game&#39;s undying loyalty to its bowl game-hosting friends. Generations of coaches, player managers and spectators enjoyed holiday visits to Pasadena, California, New Orleans and Miami and dared not betray the people of those communities. Who unequivocally warned of the existential threat of a playoff.</p>
<p>“Basically,” Liberty Bowl general manager William McElroy Jr. said in 1984, “I think it would put the bowls out of business.”</p>
<p>When McElroy said this, there have been 18 bowl games. Today there are 41. Six of them will host playoff games starting December thirty first.</p>
<p>So what has modified? Why, after six many years of struggle, have commissioners and their universities&#39; presidents finally agreed to an event during which Notre Dame, Penn State, Ohio State and Texas will host playoff games within the cold and snowy December? Why are they now okay with Indiana, SMU, Clemson and Tennessee athletes spending the last week of their semester practicing for a road game? Or since the 4 losing schools miss a bowl trip?</p>
<p>If money had been the one motive, they&#8217;d have done this an extended time ago &#8211; like within the Nineteen Nineties, when a Swiss marketing firm offered to host a 16-team playoff that might pay schools $300 million a 12 months, in keeping with the BCS corresponds on the time. (That company, ISL, went out of business shortly thereafter amid a mountain of debt.)</p>
<p>The easy answer may be that college football has evolved. Drastic. Freshmen who were ineligible became a few of their teams&#39; biggest stars. Recruitment letters gave option to Instagram DMs. The I formation and belly dive gave option to shotguns and RPOs.</p>
<p>And little by little, as time went on &#8211; albeit on the speed of a 350-pound offensive lineman &#8211; increasingly more executives became receptive to the concept it would just be possible to carry a much bigger playoff without destroying every little thing, what&#8217;s sacred to us.</p>
<p>In this column, you&#39;ve heard from a wide selection of playoff doomsayers. Here we pay tribute to the late Washington Post columnist William Barry Furlong, who in 1974 predicted the mindset that might ultimately prevail, even when it took one other 50 years.</p>
<div class="go-deeper">
<div class="go-deeper-img"><img decoding="async" loading="lazy" src="https://static01.nyt.com/athletic/uploads/wp/2024/12/17195357/USATSI_24939422-1024x683.jpg?width=128&#038;height=128&#038;fit=cover&#038;auto=webp" class="go-deeper" alt="go deeper"></div>
<div>
<p class="go-deeper-label">Go deeper</p>
<p class="go-deeper-title">Haters&#39; Guide to the College Football Playoff: Dabo turns SEC tears into holy water</p>
</div>
</div>
<p>“If college football claims to be a part of Americana,” he wrote, “it must acknowledge something of the American spirit.” There are deeper currents within the American people than rah-rah and pennant-waving. Because deep within the American psyche is the necessity to finish things properly, to have an end to things and at the identical time have a starting. The playoffs would reflect the spirit of the American people.”</p>
<p>On Friday evening, nearly 78,000 Americans will flock to Notre Dame Stadium for the beginning of this historic event, which can conclude properly exactly a month later in Atlanta.</p>
<p>We assume that the wait until this moment was price it.</p>
<p style="text-align: right;">The athlete</p>
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<p><em>image credit : www.nytimes.com</em></p>
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		<title>Insurance stocks have fallen for the reason that assassination of UnitedHealthcare&#039;s CEO</title>
		<link>https://bloggingthree.soflytech.com/2024/12/insurance-stocks-have-fallen-for-the-reason-that-assassination-of-unitedhealthcares-ceo/</link>
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		<dc:creator><![CDATA[enzo2go]]></dc:creator>
		<pubDate>Tue, 10 Dec 2024 23:43:48 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[Assassination]]></category>
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		<category><![CDATA[UnitedHealthcare39s]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=20672</guid>

					<description><![CDATA[Major insurance stocks have fallen greater than 6% since their closing prices last Tuesday, the day before the fatal shooting of Brian Thompson, CEO of UnitedHealth Group&#39;s insurance branch in Midtown Manhattan. These include UnitedHealth, CVS Health And Cignawhich operate three of the country&#39;s largest private health insurers. Thompson, 50, led UnitedHealthcare, the biggest private [&#8230;]]]></description>
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<p>Major insurance stocks have fallen greater than 6% since their closing prices last Tuesday, the day before the fatal shooting of Brian Thompson, CEO of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">UnitedHealth Group<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>&#39;s insurance branch in Midtown Manhattan. </p>
<p>These include UnitedHealth, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">CVS Health<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Cigna<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>which operate three of the country&#39;s largest private health insurers. Thompson, 50, led UnitedHealthcare, the biggest private payer of health care services within the United States </p>
<p>Luigi Mangione, 26, is accused of fatally shooting Thompson early Wednesday last week outside the Hilton hotel in midtown Manhattan because the CEO went to UnitedHealth Group&#39;s investor day. One view, investigators said, was that Mangione was a critic of the health care industry <a href="https://www.nbcnews.com/investigations/insurance-executives-murder-sparks-online-praise-hate-rcna183017" target="_blank">Some Americans sympathized with the Internet</a> in the times following Thompson&#39;s death.</p>
<p>The firms&#39; stock performance appears to be a response to &#8220;renewed rhetoric&#8221; condemning insurers&#39; business models that see them &#8220;become incredibly profitable at different points of the year at the expense of some patients,&#8221; said Mizuho healthcare expert Jared Holz . care equity strategist said in an interview.</p>
<p>He noted that this shouldn&#8217;t be a brand new issue within the industry, which many Americans blame for rising health care costs.</p>
<p>&#8220;I think the reaction from investors was, &#39;Do we want to own this category of stocks now that the industry is being negatively targeted again?&#39;&#8221; Holz said. </p>
<p>UnitedHealthcare, much like other major insurers, has faced lawsuits and criticism from regulators, lawmakers and patients alike for allegedly denying claims to maximise profits. Americans have criticized insurance firms for, amongst other things, denials of coverage for services or treatments, unexpected bills, high out-of-pocket costs and the dizzying complexity of navigating insurance coverage.</p>
<p>While backlash against the industry has increased for the reason that shooting, Holz said the negative stock response will likely be &#8220;pretty short-lived.&#8221; He added that he didn&#8217;t expect insurance firms to make significant changes to their policies in response to the murder. </p>
<p>“With this in mind, do I think companies are making proactive changes? No,” said Wood. </p>
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<p>New York prosecutors charged Mangione with second-degree murder, criminal possession of a loaded weapon and other crimes on Monday evening, hours after his arrest in Altoona, Pennsylvania. The New York indictment followed Mangione&#39;s first court appearance in Pennsylvania on weapons and document forgery charges.</p>
<p>Mangione, a personal school valedictorian and Ivy League graduate who belongs to an influential Maryland family, was held without bail following his arraignment Monday night.</p>
<p>In a court hearing Tuesday afternoon, Mangione refused to waive his right to challenge his extradition to New York City. A judge denied Mangione bail and sent him back to a Pennsylvania prison.</p>
<p>At the time of his arrest, Mangione was carrying handwritten pages criticizing the U.S. health care industry and singling out UnitedHealthcare, law enforcement officials told NBC News.</p>
<p>“I apologize for any disruption or trauma, but it had to be done. Frankly, these parasites just had it,” Mangione wrote, NBC reported.</p>
<p>Authorities are still investigating the motive for the shooting, which &#8220;will come to light as this investigation evolves over the next few weeks and months,&#8221; New York Police Commissioner Jessica Tisch said Tuesday on NBC&#39;s &#8220;TODAY&#8221; show. However, she noted that Mangione&#39;s note had &#8220;an anti-corporatist sentiment and a lot of issues with the healthcare industry.&#8221;  </p>
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		<title>Fireworks sales have fallen back right down to earth after years of explosive growth – here’s why</title>
		<link>https://bloggingthree.soflytech.com/2024/06/fireworks-sales-have-fallen-back-right-down-to-earth-after-years-of-explosive-growth-heres-why/</link>
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		<dc:creator><![CDATA[enzo2go]]></dc:creator>
		<pubDate>Fri, 28 Jun 2024 04:25:05 +0000</pubDate>
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					<description><![CDATA[The Fourth of July is nearly here—a day crammed with parades, barbecues, and naturally fireworks. But while parades and barbecues are still very fashionable, fireworks are surprisingly less popular this 12 months. Fireworks imports peaked at nearly $600 million in 2022. in accordance with the US International Trade CommissionBut today, just two years later, I [&#8230;]]]></description>
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<p>The Fourth of July is nearly here—a day crammed with parades, barbecues, and naturally fireworks. But while parades and barbecues are still very fashionable, fireworks are surprisingly less popular this 12 months.</p>
<p>Fireworks imports peaked at nearly $600 million in 2022. <a href="https://dataweb.usitc.gov">in accordance with the US International Trade Commission</a>But today, just two years later, I expect fireworks imports to only reach about $350 million in 2024. Whatever happened to considered one of the United States&#39; hottest Fourth of July activities?</p>
<p>The answer, in my view, lies within the COVID-19 pandemic, which modified the economy as billions of individuals around the globe were stuck at home. <a href="https://www.census.gov/library/stories/2022/04/ecommerce-sales-surged-during-pandemic.html">E-commerce boomed</a>identical to &#8230; did <a href="http://doi.org/10.1016/j.alcohol.2023.05.003">Sale of alcohol</a>, <a href="https://www.cnn.com/2020/09/11/business/peloton-stock-earnings/index.html">Indoor training equipment</a> And <a href="https://www.jpmorgan.com/insights/global-research/retail/covid-spending-habits">cleansing supplies</a>However, this boom was followed by <a href="https://www.wsj.com/business/retail/its-a-buyers-market-for-boats-rvs-and-other-pandemic-toys-3d8b4787">a bankruptcy for a lot of products</a>as people returned to their pre-pandemic purchasing habits. </p>
<p>This appears to be the case with fireworks.</p>
<h2>The explosive business of pyrotechnics</h2>
<p><a href="https://www.bu.edu/questrom/profile/jay-zagorsky/">I&#8217;m</a> A <a href="https://www.bu.edu/questrom/">Professor of Economics</a> who has been following the fireworks industry for years. In the USA, fireworks are a <a href="https://www.americanpyro.com/assets/docs/FactsandFigures/2024/Fireworks%2520Revenue%2520by%2520Industry%2520Segment%25202000-23.pdf">Multi-billion dollar industry</a>. They are mainly set off around Independence Day and New Year&#39;s Eve. To cover these two holidays, American corporations import large quantities of fireworks well upfront to make sure adequate supplies.</p>
<p>Fireworks were <a href="https://www.americanpyro.com/history-of-fireworks">Invented in China over 2,000 years ago</a>and many of the world’s fireworks are still made there today. Since 2010, China has exported almost 90% of the world’s fireworks, <a href="https://comtrade.un.org/">United Nations data shows</a>Many of those are inexpensive mass-produced products. More expensive fireworks are exported from countries comparable to the Netherlands, Germany, Spain, Poland and the USA.</p>
<p>While Americans set off hundreds of thousands of kilos of pyrotechnics yearly, <a href="https://www.americanpyro.com/assets/docs/FactsandFigures/2024/Fireworks%2520Consump.%2520Figures%25202000-2023.pdf">only a small amount of skilled fireworks are produced here</a>Because so few fireworks are produced within the United States, it is simple to calculate what number of explosives are set off per person per 12 months based on import and population figures.</p>
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<p>In 2010, about two-thirds of a pound of fireworks were set off per person. In the 12 months before the pandemic, 2019, the figure was three-quarters of a pound per person.</p>
<p>During the COVID-19 pandemic, when people were stuck at home and social distancing was common, using fireworks skyrocketed. This is sensible: setting off pyrotechnics is an outside activity where the product instructions specifically state that <a href="https://www.safewise.com/blog/fireworks-safety-guide/#Safety_perimeter">People who light them should stand distant</a> by others. In 2021 and 2022, fireworks consumption nearly doubled to 1.35 kilos per American.</p>
<p>Although 2024 will not be yet over, the vast majority of fireworks set off on the Fourth of July have already been imported. Extrapolating from the quantity imported up to now, fireworks consumption in 2024 is anticipated to be back to 2010 levels, or about two-thirds of a pound per person. </p>
<h2>Why the large decline?</h2>
<p>I imagine there are three reasons for the sharp decline. First, as mentioned, there was the COVID-19 surge as bored people stuck at home searched for something exciting to do outdoors. </p>
<p>Second, many individuals set off fireworks in the course of the pandemic because public fireworks displays were cancelled. <a href="https://www.americanpyro.com/assets/docs/FactsandFigures/2024/Fireworks%2520Consump.%2520Figures%25202000-2023.pdf">The amount of fireworks</a>that are only fired by professionals, sank. Today, all <a href="https://www.rd.com/list/independence-day-fireworks-each-state/">Public displays are back</a>which reduces demand from casual users. Why worry about lighting dangerous explosives when an expert can handle it?</p>
<p>The final reason is that, like so many things, fireworks are costlier as of late. <a href="https://www.cnn.com/2024/04/10/economy/cpi-consumer-price-index-inflation-march/index.html">Inflation within the US has risen sharply recently</a>The prices of every kind of products and services are rising. This isn&#8217;t any different with fireworks. </p>
<p>In 2021, the common import price for fireworks was $1.13 per pound. <a href="https://usitc.gov/">Figures from the US International Trade Commission show</a>This low price was out of reach for the everyday buyer – it&#8217;s the wholesale price paid for a whole semi-trailer container direct from the ship. </p>
<p>In the primary 4 months of 2024, the majority price rose to $1.61 per pound. This 42% price increase is greater than double the <a href="https://www.bls.gov/data/inflation_calculator.htm">general increase within the US inflation rate</a>.</p>
<p>Add <a href="https://www.reuters.com/markets/us/us-labor-costs-increase-more-than-expected-first-quarter-2024-04-30/">rising labor costs</a> at fireworks stands, and these three explanations make it clear why fireworks use has declined for the reason that peak of the pandemic.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:73.07692307692307%;--background-color:#562a2a"><img decoding="async" alt="The Washington Monument and the Capitol are seen as silhouettes amidst fireworks." class="lazyload" src="https://images.theconversation.com/files/603247/original/file-20240626-21-ecmr76.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/603247/original/file-20240626-21-ecmr76.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=438&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/603247/original/file-20240626-21-ecmr76.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=438&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/603247/original/file-20240626-21-ecmr76.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=438&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/603247/original/file-20240626-21-ecmr76.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=551&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/603247/original/file-20240626-21-ecmr76.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=551&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/603247/original/file-20240626-21-ecmr76.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=551&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Fireworks explode over the National Mall in the course of the Independence Day celebrations in Washington.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/fireworks-explode-over-the-national-mall-as-the-us-capitol-news-photo/808665936?adppopup=true">Paul J. Richards/AFP/Getty Images</a></span><br />
            </figcaption></figure>
<p>Fireworks are a crucial a part of the Fourth of July celebration and sometimes provide great spectacles, but when setting them off, use common sense, especially if children are around. Every 12 months <a href="https://www.cpsc.gov/Safety-Education/Safety-Education-Centers/Fireworks">Thousands of individuals within the USA</a> get injured by fireworks and a few die, so watch out.</p>
<p>And whether you light fireworks, watch them or simply <a href="https://www.nytimes.com/wirecutter/blog/how-to-block-fireworks-noise/">Hide from the noise</a>I wish you all a blissful Independence Day.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>DJT share price has fallen by almost 50% since Trump’s guilty verdict</title>
		<link>https://bloggingthree.soflytech.com/2024/06/djt-share-price-has-fallen-by-almost-50-since-trumps-guilty-verdict/</link>
					<comments>https://bloggingthree.soflytech.com/2024/06/djt-share-price-has-fallen-by-almost-50-since-trumps-guilty-verdict/#respond</comments>
		
		<dc:creator><![CDATA[enzo2go]]></dc:creator>
		<pubDate>Sat, 22 Jun 2024 04:05:24 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[DJT]]></category>
		<category><![CDATA[fallen]]></category>
		<category><![CDATA[guilty]]></category>
		<category><![CDATA[Price]]></category>
		<category><![CDATA[share]]></category>
		<category><![CDATA[trumps]]></category>
		<category><![CDATA[verdict]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=7015</guid>

					<description><![CDATA[The share price of Trump media has been cut nearly in half within the roughly three weeks since a New York jury found the corporate&#39;s majority owner, former President Donald Trump, criminally guilty. Shares of the corporate behind Truth Social, which trades on the Nasdaq Stock Market as DJT, ended Friday&#39;s trading session at $27.66 [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p>The share price of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Trump media<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    has been cut nearly in half within the roughly three weeks since a New York jury found the corporate&#39;s majority owner, former President Donald Trump, criminally guilty.</p>
<p>Shares of the corporate behind Truth Social, which trades on the Nasdaq Stock Market as DJT, ended Friday&#39;s trading session at $27.66 a share.</p>
<p>That&#39;s a 46% decline from Trump Media&#39;s price of $51.84 per share on the close on May 30, the day Trump was found guilty on 34 counts of falsifying business records.</p>
<p>Trump Media shares closed up greater than 3 percent on Friday, providing a respite from a weeks-long downward trend.</p>
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<div class="Collapsible-proliveCollapsableContainer" role="button" tabindex="0"><svg xmlns="http://www.w3.org/2000/svg" width="256" height="256" viewbox="0 0 256 256" aria-labelledby="title desc" role="img" focusable="false" preserveaspectratio="xMinYMin" class="Collapsible-stockChartIcon"><title>Stock chart symbol</title><desc>Stock chart symbol</desc><g transform="translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)"><path d="M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path></g></svg></p>
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<p><iframe title="Trump Media &#038; Technology Group Corp. Stock Price" src="https://www.cnbc.com/appchart?symbol=DJT&#038;range=1M&#038;type=line&#038;embedded=true&#038;%24DEVICE%24=undefined" height="460" scrolling="no" style="border:0;width:100%"></iframe></p>
<p>Trump Media &#038; Technology Group Corp. share price</p>
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<p>It&#39;s not clear whether the conviction itself contributed to that decline &#8211; although the corporate acknowledged in regulatory filings that &#8220;an unfavorable outcome in one or more of the ongoing litigation involving President Donald J. Trump could have a negative impact on TMTG and its Truth Social platform.&#8221;</p>
<p>Analysts attribute the stock&#39;s downward trend to the registration of additional shares by Trump Media, which was declared effective by the U.S. Securities and Exchange Commission (SEC) after the stock market closed on Tuesday.</p>
<p>The SEC&#39;s approval allows initial investors in the corporate to resell certain shares and exercise warrants, which could threaten to dilute the share price.</p>
<p>The company has indicated that it could raise as much as $247 million if all of the warrants are redeemed for money. Still, Trump Media shares fell as much as 17 percent in after-hours trading on Tuesday.</p>
<p>In a <a href="https://www.pressviewer.com/ViewEmail.asp?b=2660&amp;id=310596&amp;p=2329379&amp;I=1453118-F6O7W7Q4P7" target="_blank" rel="noopener">Press release</a> On Friday afternoon, the corporate announced that it expects to receive greater than $69.4 million in money proceeds from the exercise of warrants on Thursday and Friday alone.</p>
<p>The stock fell greater than 25 percent this week. Most of the decline occurred during volatile trading sessions on Thursday, when shares plunged nearly 15 percent, and on Tuesday, when shares closed down nearly 10 percent. The stock market was closed on Wednesday for the Juneteenth holiday.</p>
<p>Trump Media&#39;s share price has fluctuated wildly since its IPO in late March, as retail investors and short sellers have bought and sold the corporate linked to the controversial likely Republican presidential nominee.</p>
<p>In April, the stock was considered the most costly short-sold stock within the US.</p>
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<h2 class="RelatedContent-header">Read more about CNBC&#39;s political coverage</h2>
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