Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
The publicly traded stock representing Donald Trump's "media group" took another dive after Trump and the founders disclosed their intent to take the money and run. The company's DJT, -16.88% S-1 filing with the Securities and Exchange Commission includes the potential sale of up to 114,750,000 shares held by former President Donald J. — Read the rest
Trump Media & Technology Group’s stock is tumbling again after the company announced a massive new influx of shares. The struggling company is rapidly losing money, and a new stock offering could help it stay afloat. But there’s a downside to going back to the market with new shares: A new public stock offering of 21.5 million shares announced Monday would add more than 15% more stock to the publicly available shares of the Truth Social owner. That would substantially devalue existing...
President Joe Biden and Donald Trump will be mere miles apart from each
President Joe Biden and Donald Trump will be mere miles apart from each
President Joe Biden and Donald Trump will be mere miles apart from each
Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes above a $17.50 minimum share price.
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.
The stock linked to former President Donald Trump's social media company
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.
Donald Trump owns nearly 60% of Trump Media, which operates the Truth Social app. DJT shares are sharply down since their March trading debut.
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.