Donald Trump is the majority shareholder in Trump Media and the best-known user of its Truth Social app. When DJT shares fall, his net worth can take a bit hit.
Investors in Trump Media could use some Dramamine. The holding company of Donald Trump’s Truth Social has seen its stock take a roller-coaster ride in its short time on the market, with fluctuations ranging from around $66 to $22 in just one month’s time. There are basically two sorts of investors—the Trump faithful and people who are betting on the company to fail. And the management of Trump Media, last month, began waging war on the doubters. The first step was asking regulators at...
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
Trump Media, trading under the DJT ticker, has more than doubled in share price during the criminal trial of majority shareholder Donald Trump.
Investors waiting for an update of how Donald Trump’s media startup is faring will have to wait a bit longer — months by some accounts — before getting a look at financial results.
Trump Media, owner of the Truth Social app, has seen a series of gains for its DJT ticker, even after majority shareholder Donald Trump earned extra shares.
Late-night hosts talk about the media coverage of Donald Trump’s criminal hush-money trial after first day of argumentsLate-night hosts talk Donald Trump’s defense arguments and media coverage of his first criminal trial in New York. Continue reading
Rich Antoniello joins new company UPROXX Studios as Partner and Executive Chairman; will.i.am joins as Partner/Investor Source
Former Deadspin overlord G/O Media’s most notable media moves recently have been selling off titles. And that continued Thursday with news that they’re selling satirical site The Onion. But, rather than piecing it off to an under-the-radar gambling-linked company like the one that bought Deadspin, they sold The Onion to a group of prominent digital
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...