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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 ...
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 ...
At Tuesday's closing price of $57.99, Trump Media had a market cap of around $8 billion. The former president founded Truth Social after he was kicked off major social media apps like Facebook and ...
“Because Truth Social users help the frenzy, in part, so in that sense it is a meme stock,” Tiu said. “My own personal opinion is it has to be a bit of a meme stock,” Dunn said.
TMTG Sub Inc. Website. tmtgcorp .com. Footnotes / references. [2] [3] Trump Media & Technology Group Corp. ( TMTG) is an American media and technology company majority-owned by former U.S. president Donald Trump. Founded by Andy Litinsky and Wes Moss in 2021, [4] it became a public company on March 26, 2024 after merging with Digital World ...
Trump Media & Technology Group, which owns Truth Social, lost money last year, according to regulatory filings. The company’s trajectory has led many to wonder how it could have scored such a ...
April 30, 2024 at 10:30 PM. Brendan McDermid/Pool/Reuters. Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media ...
Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.