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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 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 stock ...
Following the merger of DWAC into TMTG, the merged company was listed on the NASDAQ stock market under the ticker symbol DJT, after Trump's initials. [182] The share price of the company rose rapidly after the merger, reaching a price that gave the company a nominal value of $4.48bn. [183]
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.
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.
He received 115,000 shares which at the current stock price of $36 are worth about $4.1m (at the market peak, approximately $9m). Phillip Juhan. Trump Media’s chief financial officer Phillip...
Truth Social, through its public entity Trump Media & Technology Group Corp (NASDAQ:DJT), has been on an incredibly volatile run since officially going public in March. Following its IPO, the ...
Michael Dorgan. March 22, 2024 at 8:33 AM. Former President Trump will find out Friday if his social media platform Truth Social will be green-lighted to be traded on the Nasdaq stock...
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...