A Delaware judge has granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a merger-related lawsuit filed by two cofounders of the company
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.
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...
Prosecutors cited 10 posts on Trump’s social media account and campaign website that they said breached the order, which bars him from making public statements about witnesses in the case.
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.
Melania Trump on Sunday made her first public statement on X/Twitter in more than a month and a half, and users of the social media site used the opportunity to mock the former first lady.Melania Trump, who has been at times distanced from the campaign of her husband Donald Trump, over the weekend shared a recent article from Fox News entitled, "Melania Trump says US 'must unite' ahead of Mar-a-Lago Log Cabin Republicans event."Along with the article, the ex-first lady wrote, "As we look toward...
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.
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
We’re only one week into the first criminal trial of Donald Trump, yet he and his MAGA allies are already intervening to identify and drive off the jury anyone they think could pose a risk to the former president. At Fox News, host Jesse Watters has launched attacks on the jurors, saying at one point that any juror who says they can be unbiased in the case is a liar, and citing Trump’s legal team as having uncovered potential jurors who were “undercover activists.” Trump himself quickly...
Donald Trump owns nearly 60% of Trump Media, which operates the Truth Social app. DJT shares are sharply down since their March trading debut.