Former President Donald Trump's social media company got off to a quick start in its stock market debut Tuesday. Shares of Trump Media & Technology Group, the parent company of Truth Social, shot up more than 50% in its first minutes of trading. The quick move triggered a trading halt of five minutes, which exchanges use to put a check on volatile stock moves. Shares cooled slightly after trading resumed. The stock was up about 40% on the day as of an hour into trading. Shareholders in shell...
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling on the top-end of that interval. Prices are […] © 2024 TechCrunch. All rights reserved. For personal use only.
Many of those investing in Trump Media are small-time investors either trying to support Trump or aiming to cash in on the mania.
Markets went into the long holiday weekend with something of a whimper.
Company stock price climbed nearly 70% from its IPO, with Condé Nast’s parent company standing to make nearly $1.4bnSocial media platform Reddit’s (RDDT.N) shares ended their first day of trading in New York up 48%, signaling that investor appetite for initial public offerings of promising yet loss-making companies could be returning.Reddit shares closed 48% above initial offer prices in the company’s trading debut on Thursday, valuing the social media platform at more than $9bn in a closely...
Shares of Donald Trump's social media company surged higher on Tuesday as the company began public trading under the DJT ticker symbol. | Economy
Reddit finally launched its long-awaited IPO today on the New York Stock Exchange at $34 a share. It started trading at $47 and ended the trading day with a share price of 50.44 a share
Hxro (HXRO) traded 2.5% higher against the U.S. dollar during the 1 day period ending at 23:00 PM ET on March 17th. Hxro has a total market capitalization of $51.93 million and $822.74 worth of Hxro was traded on exchanges in the last 24 hours. During the last seven days, Hxro has traded down 7.8% […]
Shares of hydrogen fuel cell player Plug Power (PLUG) popped up sharply on Wednesday. PLUG stock could be due for even more gains amid speculative interest. The company also benefits from fundamental relevance. Hydrogen fuel cell solutions provider Plug Power (NASDAQ:PLUG) represented one of Wednesday’s top movers, with PLUG stock gaining almost 7%. Since potentially reaching a bottom on Jan. 18, shares appear to be printing a series of higher lows. As a result, PLUG could be poised to break...
The shares are trading under the ticker symbol “DJT.” Trump holds a nearly 60% ownership stake in the company.
It will be the first stock split in the company's history.
Mask Network (MASK) traded down 11.9% against the dollar during the 1 day period ending at 16:00 PM E.T. on March 19th. During the last seven days, Mask Network has traded 10.8% lower against the dollar. One Mask Network token can currently be bought for $4.44 or 0.00006875 BTC on major exchanges. Mask Network has […]