Dave Portnoy Reveals How Much He Made in the Stock Market Amid Pausing of Tariffs
Dave Portnoy took a few punches during the brutal stock market downswing, but on Wednesday, the Barstool Sports founder came out throwing haymakers of his own.
After announcing on social media that he lost $7 million in the stock market on April 4, he followed that up with an even more eye-opening number three days later. On April 7, Portnoy estimated that he was down roughly $20 million over the three days.
The tides turned for Portnoy on April 9, though. The 48-year-old revealed in a clip posted on X that he made back $8.2 million on Wednesday.
WARNING: NSFW language in the clip below.
I’M UP 8.2 MILLION TODAY! WHERE ARE ALL THE PEOPLE IN MY MENTIONS NOW! pic.twitter.com/8v5jKMVzII
— Dave Portnoy (@stoolpresidente) April 9, 2025
Portnoy emphatically stated that he "said it's a time to buy" and that he wants to "keep buying." He also cited that President Donald Trump knows the stock market matters, saying he's "not a crazy person."
Portnoy's red-hot run on Wednesday makes for an impressive turnaround. While it's unknown exactly where he sits following the rough three-day stretch from April 4-7, the man dubbed as "Davey Day Trader" is likely to keep swinging in an effort to get back in the green.
The big financial pull for Portnoy comes on the same day that tariffs were paused for 90 days on over 75 countries. Within 10 minutes of that news, the stock market reportedly gained $4 trillion in value, according to media personality Benny Johnson.
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