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The company is majority-owned by NYSE parent company Intercontinental Exchange . President-elect Donald Trump maintains a roughly 60% interest in DJT, which boasts a market cap of around $7.1 billion.
Trump is the dominant shareholder in the company that bears his name. His stake of 114.75 million shares is now worth about $5 billion, up from $1.4 billion on September 23.
Trump's hotel and casino resort company, which focused on his Atlantic City gambling and entertainment venues, started trading in 1995 — also under the ticker DJT. The company ended up filing ...
Trump Media & Technology Group Corp. (TMTG) is an American media and technology company headquartered in Sarasota, Florida.It runs the Truth Social social-media platform and is primarily owned by U.S. president-elect Donald Trump.
The company, which owns social media platform Truth Social and trades as DJT on the Nasdaq, was down 5% at the market open. Trump, the Republican presidential nominee, owns nearly 57% of DJT’s ...
The parent company of Trump’s social media platform, Truth Social, trades under the ticker symbol DJT (also the former president's initials); Wall Street gives it a market valuation of nearly $8 ...
On 4 September 2024 shares closed below $17, valuing Trump's majority stake in the company at under $2bn on paper. [189] Trump is not permitted to sell his Truth Social shares or use them as collateral until six months after the merger. [190] The stock has been described as a "meme stock", with early price rises driven by speculators and small ...
Trump Media owns Truth Social, an X-like social media platform that targets a niche of conservative-leaning users. Meta is the market leader that owns Facebook, Instagram, Messenger, and WhatsApp.