GOP presidential candidate and former U.S. House Speaker Newt Gingrich’s stock is up on the Iowa Electronic Markets, a real money futures market operated by the University of Iowa’s Tippie College of Business.
Gingrich has seen a spike in the price of his stock, which started out near $0 but is now nearing $.40. That means traders think Gingrich has a 40 percent chance of finishing in the top two in the Iowa Caucuses.
The Georgia politician has performed well at recent events in the Hawkeye State, garnering the most applause at the Republican Party of Iowa’s Reagan Dinner on Nov. 5 and an Oct. 22 forum held by the Iowa Faith and Freedom Coalition.
Wednesday, November 9, 2011
"[T]raders think Gingrich has a 40 percent chance of finishing in the top two" in Iowa