Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes above a $17.50 minimum share price.
Former President Donald Trump trails President Biden in deep-blue New York by just ten percentage points, according to a new poll.
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.
Rooting for Donald Trump to fail has rarely been this profitable
By BERNARD CONDON Associated Press NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business
By BERNARD CONDON Associated Press NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business
The deal probably ends a challenge from state officials that had imperiled
Netflix made some risky moves last year but it seems to have paid off.
Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added more subscribers than many analysts, myself included, expected,” said eMarketer senior analyst Ross Benes. “This signals that password sharing was even more common than...
Chegg and Coursera both sank more than 10% in trading Tuesday, a day after issuing disappointing guidance.
April 17 (UPI) — The stock value of former President Donald Trump‘s media company — the owner of app Truth Social — on Tuesday continued to fall more than 14% as the company unveiled its intent to launch a digital live-streaming platform. On Tuesday morning, the Nasdaq-designated DJT stock shares were selling at a total of $25.11. By mid-afternoon […] The post Trump Media value falls additional 14% as new streaming platform launch announced first appeared on Gephardt Daily.
Fulton Financial's shares gained on Monday after it launched a common stock offering to support its acquisition of the deposits and assets of Republic First from regulators, which marked the first US bank failure of 2024.