Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.
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.
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...
By MARTHA MENDOZA Associated Press WASHINGTON (AP) — There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and
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
Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes above a $17.50 minimum share price.
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.
Trump called this visa 'very bad' for Americans. Truth Social applied for one
By ADRIANA GOMEZ LICON Associated Press MIAMI (AP) — The social media company founded by former President Donald Trump applied for a business visa program that he sought to restrict. Many of his allies want him to curtail the H1-B program in a potential second term. Records show Trump Media & Technology Group, the company
MIAMI (AP) — The social media company founded by former President Donald Trump applied for a business visa program that he sought to restrict during his administration and which many of his allies want him to curtail in a potential second term. Trump Media & Technology Group, the company behind Truth Social, filed an application […]