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The parent company of Donald Trump’s Truth Social platform started trading on Wall Street on Tuesday, with its shares appearing under the ticker “DJT” and priced at $78.. Their value ...
At Tuesday's closing price of $57.99, Trump Media had a market cap of around $8 billion. The former president founded Truth Social after he was kicked off major social media apps like Facebook and ...
Shares in Trump Media, which runs the Truth Social platform, closed up about 31%. The price had risen as much as 70% in pre-market trading over the weekend before falling back again.
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]
Truth Social (stylized as TRUTH Social) is an alt-tech [4] [5] [6] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by former U.S. president Donald Trump. [7] It has been called a " Twitter clone" that competes with Parler, Gab, and Mastodon in trying to provide an ...
March 25, 2024 at 10:59 AM. Charly Triballeau. Donald Trump's media company is set to make its debut on the stock market Tuesday, a development that could generate a windfall for the cash-strapped ...
The company’s price-to-sales ratio – a common way to value stocks – is off the charts when compared with rival social media companies. Since peaking at $66 in late March, Trump Media’s ...
Shares of Trump Media & Technology Group, the parent company of Truth Social, shot up more than 50% in its first minutes of trading. The quick move triggered a trading halt of five minutes, which ...