CNN By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business
CNN By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business
CNN By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business
Even with the bounce, the stock has shed some $5.4 billion from last month, with the value of Trump’s position dropping to $2.1 billion.
Ken Griffin’s Citadel Securities claimed Devin Nunes would be ‘fired on The Apprentice’ amid stock trading rowThe CEO of Donald Trump’s social media empire was branded a “proverbial loser” whom the former president “would have fired on The Apprentice” by a trading firm owned by the billionaire Republican donor Ken Griffin on Friday.In an extraordinary statement, Citadel Securities accused Devin Nunes, chief executive of Trump Media & Technology Group (TMTG), of trying to deflect blame for the...
Stephen Colbert has defended Jimmy Kimmel after Trump insulted him on Truth Social.
CNN’s Sara Sidner speaks with investigative journalist David Cay Johnston about the latest drop in value of Trump Media stock.
Former President Trump fired back Wednesday after Jimmy Kimmel ripped him in jokes about his New York hush money criminal trial and his social media company’s plummeting stock. In a morning post on
The accountant hired to audit former President Donald Trump's social media company seemed to have a lot of trouble spelling his name, the Financial Times reported on Wednesday.Ben F Borgers, the founder and managing partner of the accounting firm BF Borgers, spelled his name in 14 different ways in regulatory filings, the Financial Times reported, citing data it had reviewed from the Public Company Accounting Oversight Board.Some variations, like Ben F Brogers and Ben F orgers, appeared to be...
Judge Juan Merchan said he would make a decision on potential gag order violations at a later date
Bryan Kohberger is off the hook for one allegation. The 29-year-old, who has been accused of murdering four University of Idaho students back in November 2022, did not stalk one of the victims
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...