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Trump Media's roller-coaster share price has served as something of a proxy for Republican presidential candidate Donald Trump's chances of election. Traders and investors say the stock is at risk ...
The parent company of Donald Trump’s Truth Social halted trading multiple times on Election Day. Stock for Trump Media ... company. Trading was paused for a few minutes at 2.48pm, then again at ...
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 combined company began trading under the symbol DJT and finished the day with an $8 billion valuation. [8] [33] In regulatory filings, Lighthizer and McMahon are listed as independent directors. [34] [35] An April 1, 2024, SEC filing revealed that TMTG lost over $58 million in 2023 with only $4 million in advertising revenue from Truth Social.
Trump Media & Technology Group soared 14% on Wednesday in its second day of trading on the Nasdaq ().The parent company of Donald Trump's social media platform Truth Social climbed 16% in its ...
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.
The day’s trading meant Mr Trump has entered the ranks of the world’s 500 richest people, with his majority stake in the company now worth $5.5bn, taking his estimated net worth to more than $8bn.
But Kailas said the massive rally in Trump Media means it is now trading at more than 1,600 times its enterprise value (a measure of a company’s total value, including debt and cash).