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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 ...
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.
The stock rose as high as $66.22 per share on March 27. On Tuesday before the bell, the shares were hovering just below $26 apiece. Ines Ferre is a senior business reporter for Yahoo Finance.
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 closed at $32.59 per share Friday, rallying late in the day to close up 0.6% — but it’s down 50.7% from its peak closing price of $66.22 per share on March 27, the day after it ...
There are a couple reasons. First, as a recap: Trump Media and Technology Group (TMTG) recently merged with Digital World Acquisition Corp. in a SPAC, the ill-starred financial instrument that ...
With DWAC stock having risen in anticipation of this event to more than $42 per share, and Trump the largest holder with $79 million shares, he could soon find himself owning $3 billion in equity ...
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 ...