Dan Ives, managing director at Wedbush Securities, said the social media platform has gone from having its "back against the wall to a massive position of strength" over the weekend.

Shares of AMC Entertainment ( AMC 10.83%) are jumping on Friday, up 10.6% to $3.32 as of 2:05 p.m. ET. At that point in the ...

Dan Ives, Wedbush Securities global head of tech research, joins CNBC's 'The Exchange' to discuss the looming TikTok ban in the U.S.

A fair price for TikTok, Wedbush Securities Managing Director Dan Ives told TheWrap, would be a record-setting $300 billion. TikTok has said it has 170 million users in the U.S.

TikTok told users the app will be "temporarily unavailable" as its Chinese parent company ByteDance pins its hopes on Donald Trump to save it.

Wedbush Securities analysts said in a research note Wednesday that they expect ByteDance to sell TikTok’s U.S. operations without the algorithm for between $40 billion and $50 billion.

The group wants to buy TikTok’s US assets, albeit without the app’s beloved algorithm — which China has indicated it will not allow to be sold — and rebuild the platform with what they say ...

Dan Ives, managing director at Wedbush Securities, said TikTok has gone from having its "back against the wall to a massive position of strength" .

TikTok could shut down if Chinese parent ByteDance doesn't reach an agreement to sell a controlling interest by President Trump's April 5 deadline.

A fair price for TikTok, Wedbush Securities Managing Director Dan Ives told TheWrap, would be a record-setting $300 billion. TikTok has said it has 170 million users in the U.S.

Dan Ives, managing director at Wedbush Securities, said TikTok has gone from having its "back against the wall to a massive position of strength" . (Thomas Fuller/SOPA Images/LightRocket via Getty ...