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Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% at the opening bell, translating to an astounding market value of about $9 billion.
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 , 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 ...
The financially troubled parent of Truth Social now is worth a whopping $8.3 billion, a stunning reversal following September’s historic lows and not far from the estimated $9.4 billion value of ...
Donald Trump's Truth Social is now worth more than Elon Musk's X, thanks to a recent run-up in the shares of the parent company of the former president's social media platform. Trump Media ...
Describing Truth Social as a "terrible name", Musk joked that it should be renamed "Trumpet". [143] [144] Following Musk's comments on Twitter, the Truth Social app rose in popularity, returning to the number 1 position for free iOS apps on Apple's App Store on April 30, with the Twitter app at number 2; DWAC shares also rose in value. [145] [146]
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 left TMTG's board before the SEC and the Manhattan grand jury investigating Trump's business practices issued subpoenas.
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.