Former President Donald Trump has secured an additional $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company’s stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. That brings his total ownership to more than 114 million shares, which based on Wednesday morning’s stock price, are worth $5.7 billion. For now, the value of those shares...
A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummetedFormer president Donald Trump qualified for a bonus worth $1.2bn after shares in his social media company remained above a certain value despite falling sharply.Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake in the business to about...
Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the company on Tuesday.
During the weekly panel discussion on NBC’s Meet The Press, Chief Foreign Correspondent Andrea Mitchell fretted about the trial of former President Donald Trump overshadowing everything President Joe Biden is doing on the campaign trail, to the point of referring to the present media environment as “The Trump Story”. Watch as Mitchell compares the current Trump cycle crowding Biden to the 2016 news environment crowding Hillary Clinton, as aired on NBC’s Meet The Press on Sunday, April 21st,...
During the weekly panel discussion on NBC’s Meet The Press, Chief Foreign Correspondent Andrea Mitchell fretted about the trial of former President Donald Trump overshadowing everything President Joe Biden is doing on the campaign trail, to the point of referring to the present media environment as “The Trump Story”. Watch as Mitchell compares the current Trump cycle crowding Biden to the 2016 news environment crowding Hillary Clinton, as aired on NBC’s Meet The Press on Sunday, April 21st,...
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
After weeks of plunging in value, former President Donald Trump's media company stock appears to be on the upswing Monday.According to CNBC, "The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. The DJT ticker was up more than $5 per share just before 1 p.m. ET." The company in question, which went public following a merger with a special purpose acquisition company, manages the former president's Truth Social...
President Joe Biden delivered another campaign speech to union members on Wednesday, focusing his remarks before the North America’s Building Trades Unions’ annual conference on attacking his 2024 Republican opponent, former President Donald Trump. Attendees at the conference booed loudly when a video comparing Trump and Biden played ahead of the president’s speech. Attendees chanted, […]
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The message: 'Trump Failed' and 'Biden Delivered.'
The price of DJT has sharply fallen in recent weeks, cutting billions of dollars in value from Trump Media shares held by Donald Trump and others.
On Monday, U.S. stocks closed positively, with the Dow Jones Industrial Average rising by 0.7% to reach 38,239.98, the S&P 500 increasing by 0.9% to hit 5,010.60, and the Nasdaq climbing by 1.1% to settle at 15,451.31 by the end of the day. These are the top stocks that gained the attention of retail traders and investors throughout the day: read more