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The parent company of Donald Trump’s Truth Social platform started trading on Wall Street on Tuesday, with its shares appearing under the ticker “DJT” and priced at $78.. Their value ...
Shares of Trump Media & Technology Group (DJT), the parent company of Trump's social media platform Truth Social, rose 16% on Tuesday during the stock's first day of trading under its new ticker ...
Donald Trump is in need of a massive payday to cover his legal expenses and presidential campaign, but he can’t tap into his Truth Social stock. At least not quite yet. In late March, the former ...
On February 21, 2022, TMTG launched the social network Truth Social. By April 2023, Trump reported earning less than $201 from TMTG. [23] On June 8, 2022, Trump and five others, including Trump Jr., Patel and Glabe leave TMTG's board before the SEC and the Manhattan grand jury investigating Trump's business practices issue subpoenas.
Although Donald Trump's participation in TMTG and the scale of his social media following was a major part of TMTG's marketing for Truth Social, [41] Trump was initially not a frequent user of the Truth Social platform. He made the platform's first post on February 16, 2022, with the message "Get ready!
Trump Media, the parent company of Trump’s Truth Social Network, was trading at $16.98 at closing on Wednesday, down more than 78 percent from the stock’s March high of $79.38 per share.
The shares closed Tuesday at $21.42, down 82 cents or 3.71%, following a slide of 3.56% the day before. In the context of the grand sweep of DJT's history as a publicly traded company, that's not ...
Here are 2 possible reasons. Donald Trump's stake in his social media company has gotten less valuable as the stock has fallen. But Trump's shares are still worth $2.4 billion. Anna Moneymaker ...