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
Trump Media shares have plunged in the two days that Donald Trump has been in a New York court for jury selection in his criminal hush money trial.
Source: The Washington Post / Getty The value of shares in Trump Media, the parent company of Truth Social, has been cut in half since being available on the public trading market. According to reports, shares of Trump Media & Technology Group, the company that operates the Truth Social social media network, closed at $32.59 Friday (April 12). Despite a late rally, the price reflects a 50% drop from its original peak closing price of $66.22 when it was first made available for public trading on...
Kelce caused anger among girlfriend Taylor Swift's fans last week when it emerged he liked a photo of Trump and former ESPN anchor Sage Steele meeting at UFC 299 in Miami 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.
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.
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
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,
Donald Trump went after Judge Merchan on social media moments after the gag order hearing during his hush money election interference trial. Yet, Trump looked “small, tired and alone” in the courtroom experts in attendance observed.