NASDAQ:GEG

Great Elm Shares Hold Steady at $2.16 Before Holiday. What’s Next for the Stock
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Great Elm Shares Hold Steady at $2.16 Before Holiday. What’s Next for the Stock

Great Elm Group shares closed unchanged at $2.16 Friday on light volume, with trading paused until Tuesday for Memorial Day. The company reported a wider quarterly net loss of $13.5 million, citing unrealized losses tied to its stake in Great Elm Capital Corp. Its board recently increased the share buyback authorization to $40 million. Market value stood near $67.7 million.
May 24, 2026

Stock Market Today

  • US Debt Surges as Wealth Gap Widens Between Generations
    May 27, 2026, 11:16 PM EDT. A Harvard survey reveals 42% of Americans under 30 are 'barely getting by' financially, underscoring a growing wealth divide between the young and the old. While older voters favor Trump's allies and benefit from policies boosting stock market gains, housing equity, and social security, the younger generation faces dwindling financial prospects. Despite Trump's campaign promises to curtail spending and reduce national debt, the Pentagon budget is set to hit $1.5 trillion, with US government debt soaring to $39 trillion. This increasing debt burden threatens future generations, emphasizing a divide where federal spending benefits older demographics at the expense of younger households.