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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...
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.
The Truth Social stock remains wildly overvalued. Former president Donald Trump speaks to the media during a pre-trial hearing on March 25, 2024 in New York City.
Truth Social (stylized as TRUTH Social) is an alt-tech [4] [5] [6] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by former U.S. president Donald Trump. [7] It has been called a " Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an ...
When DJT went public this week, so did its social media platform Truth Social. While the high trading price might make investors think the platform is successful, it brought in only $3.4...
The price plunge caused the former president's net worth to shrink by $1bn, according to Bloomberg. Shares had surged last week, giving the company an $11bn valuation. But experts warned the...
In February 2022, TMTG launched the social network Truth Social. Trump reported in an April 2023 personal financial disclosure that he had made less than $201 from TMTG. According to a report filed with the U.S. Securities and Exchange Commission (SEC) in April 2024, the TMTG experienced substantial financial challenges in 2023.
May 14, 2024 at 4:00 PM. Donald Trump's Truth Social Shows 55% Increase In Site Traffic Since IPO As Stock Rockets 123% From Lows Amid Short Squeeze Speculation. Truth Social, through...
Donald Trump could get a financial lifeline of billions of dollars as Truth Social's parent company is set to start trading on the Nasdaq.
Multiply that by Digital World’s closing stock price Friday of $36.94, and the total value of his stake could be nearly $3 billion.