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
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.
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
The EV stock rose nearly 2% ahead of its highly anticipated Q1 earnings report, due after tonight's close.
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...
US stocks looked set to open higher at the opening bell on Tuesday, as traders waited for Tesla to kick off a make-or-break Magnificent Seven earnings season.Shortly after 5 a.m. ET, S&P 500 futures were up 0.2%, while Nasdaq 100 futures had climbed 0.3%. Dow Jones Industrial Average futures traded flat.There was also muted trade in other assets, with yields on 10-year Treasury notes up 1 basis point to 4.63%. The US Dollar Index, which tracks the greenback against a basket of six other...
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These were some of the stocks making the largest moves in trading on
Check out the companies making headlines in premarket trading. Tesla —
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.