The shares have already fallen nearly 60% since it first went public after a blank-check merger with Digital World Acquisition Corp.
Trump Media, whose majority owner is former President Donald Trump, has seen its share price plummet since late March. It owns the Truth Social app.
Shares of Donald Trump's social media company slumped 12% on Monday, extending their string of losses, after the company said in a regulatory filing that it could sell millions of additional shares in coming months.
.The filing showed a potential sale of 146.1 million shares including 114.8 million shares owned by Trump himself.
.Trump's media company raises going-concern doubts; shares tumble.It also listed an additional 21.5 million shares that could be sold upon the exercise of...
Shares of Truth Social parent company have fallen 60% since March market debut as ex-president under financial pressureShares of the former president Donald Trump’s social media company slumped 12% on Monday, extending their string of losses, after the company said in a regulatory filing that it could sell millions of additional shares in coming months.The filing showed a potential sale of 146.1m shares in Trump Media & Technology Group, including 114.8m shares owned by Trump himself. Documents...
Donald Trump is the majority shareholder in Trump Media, which owns the Truth Social app. DJT shares fell 20% last week ahead of his New York hush money trial.
Announcement of streaming service for content ‘at risk of cancellation’ comes as company shares continue downward slideDonald Trump’s social media empire has announced plans to launch a streaming platform. Its shares continued to fall.Trump Media & Technology Group, owner of Truth Social, has come under pressure since its stunning stock market debut last month left the former president with a vast stake worth about $4.9bn on paper. Continue reading
Former President Donald Trump has seen the value of his shares in Trump Media sharply rise in recent trading after weeks of losses for the DJT ticker.
Trump Media shares have plunged in the two days that Donald Trump has been in a New York court for jury selection in his criminal hush money trial.
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 first six jurors were selected in former President Donald Trump's hush money trial on Tuesday afternoon, after a two-day process, whittled down from a potential 96 potential candidates.