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On Friday, DJT reported second quarter results that revealed a net loss of $16.4 million, about half of which was tied to expenses related to the company's SPAC deal. The company also reported ...
In late April, the stock hit a milestone that secured Trump an additional $1.2 billion. Stakeholders, however, are still subject to a six-month lockup period before selling or transferring shares.
At current levels of around $32 a share, Trump Media boasts a market cap of roughly $4.3 billion, giving the former president a stake worth around $2.6 billion. Right after the company's public ...
The Dow Jones Transportation Average ( DJTA, also called the "Dow Jones Transports") is a U.S. stock market index from S&P Dow Jones Indices of the transportation sector, and is the most widely recognized gauge of the American transportation sector. It is the oldest stock index still in use, even older than its better-known relative, the Dow ...
The combined company began trading under the symbol DJT and finished the day with an $8 billion valuation. [9] [33] In regulatory filings, Lighthizer and McMahon are listed as independent directors. [34] [35] An April 1, 2024 SEC filing revealed that TMTG lost over $58 million in 2023 with only $4 million in advertising revenue from Truth Social.
Trump maintains a roughly 60% stake in DJT. At current levels of around $41 a share, Trump Media boasts a market cap of roughly $5.6 billion, giving the former president a stake worth around $3.3 ...
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Following the merger of DWAC into TMTG, the merged company was listed on the NASDAQ stock market under the ticker symbol DJT, after Trump's initials. [20] The share price of the company rose rapidly after the merger, reaching a price that gave the company a nominal value of $4.48bn. [ 186 ]