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Here’s how much Marjorie Taylor Greene is up on her Meta stock bet
The post Here’s how much Marjorie Taylor Greene is up on her Meta stock bet appeared on BitcoinEthereumNews.com. Sitting members of the United States Congress tend to secure a hefty return on their stock investments. Beyond possessing an informational edge, U.S. politicians also regulate the very industries they often invest in. However, these advantages do not always materialize as success. For a long time, Marjorie Taylor Greene, the controversial Representative of Georgia’s 14th congressional district, simply couldn’t catch a break. Her lack of success in the financial markets even spawned the idea of an ‘inverse Marjorie’ strategy, akin to the infamous ‘Inverse Cramer’ exchange-traded fund (ETF). In a slightly unexpected turn of events, the last quarter of 2024 proved to be a turning point for the Georgia congresswoman. As she adjusted her portfolio to include a larger allocation of big tech, the returns started piling in. One of her most notable investments was Facebook and Instagram parent company Meta Platforms (NASDAQ: META). Per data retrieved by Finbold’s congressional trading radar from SEC filings, Taylor Greene invested in Meta stock 3 times in the closing months of last year — and made a tidy profit from doing so. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal MTG’s first purchase, worth between $1,001 and $15,000, was made on October 4. Her second purchase, which falls in the same reporting range in terms of dollar amount, came on November 1. Finally, the Representative made a final $1,001 to $15,000 purchase of Meta stock on December 24. At the time of her first purchase, the price of a single Meta share was $595.94 — while prices at the time of her second and third acquisition were $567.16 and $607.75. By press…
The post Here’s how much Marjorie Taylor Greene is up on her Meta stock bet appeared on BitcoinEthereumNews.com.
Sitting members of the United States Congress tend to secure a hefty return on their stock investments. Beyond possessing an informational edge, U.S. politicians also regulate the very industries they often invest in. However, these advantages do not always materialize as success. For a long time, Marjorie Taylor Greene, the controversial Representative of Georgia’s 14th congressional district, simply couldn’t catch a break. Her lack of success in the financial markets even spawned the idea of an ‘inverse Marjorie’ strategy, akin to the infamous ‘Inverse Cramer’ exchange-traded fund (ETF). In a slightly unexpected turn of events, the last quarter of 2024 proved to be a turning point for the Georgia congresswoman. As she adjusted her portfolio to include a larger allocation of big tech, the returns started piling in. One of her most notable investments was Facebook and Instagram parent company Meta Platforms (NASDAQ: META). Per data retrieved by Finbold’s congressional trading radar from SEC filings, Taylor Greene invested in Meta stock 3 times in the closing months of last year — and made a tidy profit from doing so. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal MTG’s first purchase, worth between $1,001 and $15,000, was made on October 4. Her second purchase, which falls in the same reporting range in terms of dollar amount, came on November 1. Finally, the Representative made a final $1,001 to $15,000 purchase of Meta stock on December 24. At the time of her first purchase, the price of a single Meta share was $595.94 — while prices at the time of her second and third acquisition were $567.16 and $607.75. By press…
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