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Trump Media & Technology Group, the owner of struggling social media platform Truth Social, began its long-delayed journey as a public company at Tuesday’s opening bell under the ticker...
Mitchell Standley bought his first shares in Digital World Acquisition – the public shell company that merged with Trump Media to take it public – back in early 2022.
Shareholders of Digital World Acquisition Corporation -- a special purpose acquisition company -- approved a merger with Trump Media & Technology Group (TMTG), which owns Truth Social. The company can begin trading as a public company, with the stock symbol DJT on Nasdaq, as early as next week.
Trading in Trump Media & Technology Group -- which uses the ticker symbol DJT -- began on the Nasdaq Tuesday morning after last week's vote for a merger between Trump Media and special purpose acquisition company Digital World Acquisition Corporation. The company's market capitalization is approximately $2.7 billion.
Shares of Digital World Acquisition Corp (DWAC), the shell company that now owns Truth Social, surged more than 20% on Monday. The stock is up over 170% over the past six months....
Trump Media, the owner of the social network Truth Social, first announced plans to merge with blank check company DWAC in Oct. 2021, but those plans were delayed while regulators investigated...
Trump Media & Technology Group Corp. was acquired Monday by a blank-check company called Digital World Acquisition Corp. Trump Media, which runs the social media platform Truth Social, now takes Digital World’s place on the Nasdaq stock exchange.