In Congress, Marjorie Taylor Greene, a United States representative from Georgia, has been actively engaging in stock trading, much like her counterpart Nancy Pelosi from California. Recent data indicates that Greene has been increasing her investments amid growing concerns about potential misuse of insider information related to Congressional participation in the stock market.
Despite her trading activities, the outcomes have not been favorable for Greene, with an average loss of approximately 23% recorded from her four recent purchases. One of her acquisitions, CrowdStrike (NASDAQ: CRWD), resulted in a 34% loss as the company faced operational challenges following a global IT outage. Another investment in ASML Holdings (NASDAQ: ASML) saw a 25% decrease in value, and her stake in Nvidia (NASDAQ: NVDA) dropped by 15.88%, partly due to economic uncertainties and regulatory concerns.
Furthermore, Greene’s investment in semiconductor supplier Applied Materials (NASDAQ: AMAT) also incurred an 18% loss as she navigated the volatile market conditions. The ongoing market fluctuations and challenges cast uncertainty on the future profitability of Greene’s stock trades, as she closely follows the dynamic trends in the financial landscape.