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In February 2024, United Atlantic Ventures (UAV), the partnership of TMTG co-founders Andy Litinsky and Wes Moss, sued TMTG for attempting to dilute their ownership stake by increasing the authorized stock from 120 million to 1 billion shares, thus lowering the value of UAV's shares from 8.6 percent to less than 1 percent. [4]
That comes after the stock closed at $12.15 per share on Sept. 23 in the wake of the expiration of a six-month lockup period during which TMTG insiders were not allowed to sell their stock. Trump ...
TMTG was last exchanging hands at a price of $13.72, more than 7% higher in the session. It was even up by more than 13% when it reached an intraday high of $14.48 a share.
At $74.80 per share, TMTG's market capitalization crossed $10 billion on an undiluted basis, an astronomical valuation for a company that reported an operating loss of $10.6 million for the first ...
TMTG's expansion into another holding could have major implications for the president-elect's net worth. Trump's 53% ownership stake in TMTG is worth about $3.7 billion based on Monday's stock price.
TMTG stock (ticker symbol DJT) often trades more as a referendum on Trump’s political odds than on its actual business performance. The past few weeks have seen prognosticators point to a tight ...
Trump Media & Technology Group (TMTG) stock closed at $12.15/share, down nearly 82% from the company’s peak closing price of $66.22/share on March 27. More from Variety.
TMTG stock, which is listed on the Nasdaq, gave up most of the gains after the opening bell and closed at $32.75. The stock is down 43% since the company went public March 26.
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