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At $74.80 per share, TMTG's market capitalization crossed $10 billion on an undiluted basis, an astronomical valuation for a company that reported an operating loss of $10.6 million for the first ...
Trump Media & Technology Group Corp. ( TMTG) is a Sarasota, Florida based, American media and technology company best known as the owner of Truth Social and for being primarily owned by former U.S. president Donald Trump. It also plans to launch a subscription based streaming service called TMTG+. [ 4]
TMTG stock, which is listed on the Nasdaq, gave up most of the gains after the opening bell and closed at $32.75. The stock is down 43% since the company went public March 26.
Price Action: DJT shares are trading higher by 7.12% to $29.63 premarket at last check on Monday. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and ...
TMTG doesn’t have VC runway. Venture capital is a high-risk, high-reward strategy where fundamentally unprofitable businesses are propped up until something changes and they can make money.
With the stock last at $67.69, TMTG had a market capitalization of $9.1 billion, lifting the value of Trump's stake to over $5 billion. Trump's media company surges for second day after stellar ...
Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
The stock fell 15% this morning after the company announced that it might sell 146.1 million shares, plus former President Donald Trump’s stake, which includes 114.8 million shares.