The shares have already fallen nearly 60% since it first went public after a blank-check merger with Digital World Acquisition Corp.
Announcement of streaming service for content ‘at risk of cancellation’ comes as company shares continue downward slideDonald Trump’s social media empire has announced plans to launch a streaming platform. Its shares continued to fall.Trump Media & Technology Group, owner of Truth Social, has come under pressure since its stunning stock market debut last month left the former president with a vast stake worth about $4.9bn on paper. Continue reading
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
Ken Griffin’s Citadel Securities claimed Devin Nunes would be ‘fired on The Apprentice’ amid stock trading rowThe CEO of Donald Trump’s social media empire was branded a “proverbial loser” whom the former president “would have fired on The Apprentice” by a trading firm owned by the billionaire Republican donor Ken Griffin on Friday.In an extraordinary statement, Citadel Securities accused Devin Nunes, chief executive of Trump Media & Technology Group (TMTG), of trying to deflect blame for the...
The 77-year-old returned to Manhattan's court on Tuesday for the second day of jury selection, having selected no members of the panel so far.
By AAMER MADHANI (The Associated Press) NEW YORK (AP) — President Joe Biden said Friday that he is willing to debate his presumptive Republican opponent, Donald Trump, later this fall – his most definitive comment yet on the issue. The comment came during an interview with the Sirius XM radio host Howard Stern, who asked […]
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.
Manhattan District Attorney Alvin Bragg in a motion Tuesday wants to hold former President Donald Trump in contempt for allegations he violated the gag order in his New York criminal hush money case.
The stock linked to former President Donald Trump's social media company