Search results
Results from the Tech24 Deals Content Network
TMTG has experienced a significant decline in market value. The conservative social media company’s stock has dropped nearly 50% since May 30, following the conviction of former President Donald ...
Editor’s note: The article has been updated with details of the acquisition and rephrased for clarity. Trump Media & Technology Group Corp (NASDAQ:DJT) stock was volatile during Friday's trading ...
Trump Media & Technology Group (), the parent company of Donald Trump's social media platform Truth Social, sank more than 21% Monday following a blockbuster debut last week.The stock drop comes ...
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]
Trump’s stake in the company is worth less than $3.8 billion at the current stock price. He owns 64.9% of its shares although he is restricted from selling them until late September due to a ...
Trump's majority stake in TMTG was last valued at $5.89 billion, although lock-up restrictions for six months could prevent him from selling or borrowing against his shareholding. ... TMTG's stock ...
Though Trump is the largest TMTG shareholder at 60%, the other 40% are watching closely for any breach of this duty — such as a fire sale on shares, or a loan that drastically undervalues the ...
The former president’s stake was valued at $5.2 billion at the closing high for Trump Media’s stock price. As of Monday’s close, it plummeted to about $2.1 billion.