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
The stock linked to former President Donald Trump's social media company
The shares have already fallen nearly 60% since it first went public after a blank-check merger with Digital World Acquisition Corp.
Rhona Graff, 64, who worked for Trump for 34 years until 2021, said she assumed Daniels was there to discuss being a contestant on The Apprentice.
This move by the company raises eyebrows considering Trump's previous efforts to limit the program during his presidency, a stance that some of his allies still support for a potential second term.
Over the past few months, Donald Trump has sold golden sneakers, patriotic Bibles, pieces of the suit he wore when getting a mugshot, and a new collection of NFT cards for those who didn’t lose enough on the previous round of Trump NFT cards. Trump doesn’t make these things—the Bible sales are out of inventory that has been around for years, the shoes and cards are something he sticks his name on for a hefty percentage—but just about anything goes when trying to fill the money pit left by $100...
The streaming service will launch in three phases and will focus on "news networks" and "religious channels," as well as "family-friendly" offerings. © 2024 TechCrunch. All rights reserved. For personal use only.
The adult film star. The betraying bagman. The brash billionaire. The plot reads like a "Sopranos" episode, a shadowy narrative of a nation’s sins and troubling divisions, its characters converging in a New York courtroom where, for the first time in history, a former president will stand before a jury in a criminal trial. Donald Trump is giving the country another unruly moment to mark. There have been so many over the years — the Jan. 6 insurrection, the failed pandemic response — that they...
By MARTHA MENDOZA Associated Press WASHINGTON (AP) — With Donald Trump facing dozens of federal criminal charges and hundreds of millions in legal expenses, Trump Media & Technology Group Corp. went public on the Nasdaq exchange March 26. Its performance has confounded analysts. It’s gone up and down and defied Wall Street expectations. That is,
With Donald Trump facing dozens of federal criminal charges and hundreds of millions in legal expenses, Trump Media & Technology Group Corp. went public on the Nasdaq exchange March 26