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April 19, 2024 at 2:17 PM. (Reuters) -Shares of Donald Trump's media and technology company rose over 3% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in ...
By Medha Singh and Yuvraj Malik. (Reuters) -Shares of Donald Trump's Trump Media & Technology Group surged nearly 50% on Tuesday in their Nasdaq debut, lifted by the former U.S. president's ...
The conservative social media company has lost roughly half its market value since May 30, the day former President Donald Trump was convicted of 34 felony counts in a hush money trial.
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 Media & Technology Group stock gained 159% in the last 12 months. ... Price Action: At the last check on Monday, DJT shares were trading higher by 2.56% to $33.59 premarket.
Trump Media & Technology Group Corp. ( TMTG) is an American media and technology company majority-owned by former U.S. president Donald Trump. Founded by Andy Litinsky and Wes Moss in 2021, [4] it became a public company on March 26, 2024 after merging with Digital World Acquisition Corp. (DWAC), a special-purpose acquisition company. [5]
The stock’s slide also represents a massive on-paper loss for Trump, the majority owner of Trump Media. Trump’s 114,750,000 shares in the company, worth more than $5.6 billion at the beginning ...
Trump would have almost 80 million shares in Trump Media, or about 58% of the company. As of DWAC’s opening share price Friday, that could value his stake at more than $3 billion.