A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummetedFormer president Donald Trump qualified for a bonus worth $1.2bn after shares in his social media company remained above a certain value despite falling sharply.Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake in the business to about...
Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the company on Tuesday.
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
Trump Media & Technology Group Corp (TMGT) shares plummeted after the entity filed to the U.S. Securities and Exchange Commission (SEC) to issue 21 million shares. The parent company of
President Biden is earning laughs with jokes that hit Donald Trump in the gut. As Trump's only going concern continues to spiral, and the prospect of a criminal conviction looms, President Biden took a moment to point out that Trump's tax plans for the rich may soon not apply to Trump. — Read the rest
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
Rooting for Donald Trump to fail has rarely been this profitable
This has to be a tough start to the week for Donald Trump. After a flurry of Hail Marys failed to delay District Attorney Alvin Bragg's case, the former president now sits in a New York City courtroom as his hush money/election interference trial gets underway. To make matters worse, his beloved social media company, Trump Media & Technology Group (DJT), is getting pummeled in the stock market. Three weeks ago, DJT began trading, and anyone — from MAGA supporters to foreign sovereign wealth...
The stock price for Donald Trump’s social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It’s a sharp comedown since nearing $80 after the owner of […]
NEW YORK >> The stock price for Donald Trump’s social media company slid again Monday, pushing it more than 66% below its peak set late last month.
Residents in fierce battle to remove Don's name from luxury apts (First column, 12th story, link) Related stories:Hillary Clinton warns Trump wants to 'KILL his opposition' like Putin and Kim Jong UnJudge Orders Him to Sit Like a DogCase knocking him off balanceWill a Mountain of Evidence Be Enough to Convict?Melania launches $245 Mother's Day necklaceHush money and the increasingly quaint notion of embarrassment