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But that was then, and its stock has been sinking since: Now investors think Trump Media & Technology Group Corp — the company that runs Truth Social, Trump's Twitter clone — is worth a mere ...
Right after the company's public debut, Trump's stake was worth just over $4.5 billion. In late April, the stock hit a milestone that secured Trump an additional $1.2 billion in cash. Stakeholders ...
Trump Media stock slid as much as 16% on Monday after the parent company of Donald Trump's social media platform, Truth Social, filed to issue more than 21 million shares.
Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, now X, following the Jan. 6, 2021, Capitol riots. Trump has since been reinstated on those ...
Trump’s stake, which can’t be sold in the near-term, is now valued at about $3.1 billion. That’s down from $6 billion as recently as May 30. For more CNN news and newsletters create an ...
Shares of Trump Media & Technology Group continue to rapidly fall back to Earth. The Truth Social owner dropped by another 8% on Monday, adding to a brutal week that wiped out a third of the stock ...
"We expect continued short covering in DJT stock if the rally continues and heads back towards its recent $51.51 high, the ensuing short squeeze which will force out many of the 1.7 million shares ...
The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice President Kamala ...