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.
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
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Stocks sold off sharply Tuesday as anxiety set in ahead of Wednesday's policy statement from the Federal Reserve.
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...
Intuitive Surgical, Inc. (NASDAQ:ISRG – Get Free Report) EVP Robert Desantis sold 376 shares of Intuitive Surgical stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $375.39, for a total value of $141,146.64. Following the completion of the transaction, the executive vice president now owns […]
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.
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.
Trump Media, trading under the DJT ticker, has more than doubled in share price during the criminal trial of majority shareholder Donald Trump.