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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 ...
The stock is currently valued at a market cap of $7.3 billion, which is hard to justify even with the premium attached to President Trump. It's unclear what the president could do for the company ...
The stock has pulled back since peaking last Wednesday based on some evidence of Harris clawing back some of Trump's gains. The well-respected Selzer poll also showed that Harris was ahead in Iowa ...
Its stock opened at $70.90, sank to an all-time low of $12.15 on September 23, but now trades at about $34. Let's see where this volatile stock could head over the next year.
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]
But the stock gave up those gains by the afternoon, with shares closing down over 4%. Shares in the company, the home of the Republican nominee's social media platform Truth Social, ...
The stock had more than doubled its value in the span of three weeks, a stunning move driven by polling and betting odds that suggest the race for the White House could go either way.
The stock had dropped to roughly $12 late last month. Trump created TMTG after he was banned from Twitter and Facebook following the Jan. 6, 2021, Capitol riot. He owns about 57% of the company ...