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The combined company began trading under the symbol DJT and finished the day with an $8 billion valuation. [9] [33] In regulatory filings, Lighthizer and McMahon are listed as independent directors. [34] [35] An April 1, 2024 SEC filing revealed that TMTG lost over $58 million in 2023 with only $4 million in advertising revenue from Truth Social.
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 ...
The Dow Jones Transportation Average ( DJTA, also called the "Dow Jones Transports") is a U.S. stock market index from S&P Dow Jones Indices of the transportation sector, and is the most widely recognized gauge of the American transportation sector. It is the oldest stock index still in use, even older than its better-known relative, the Dow ...
After soaring 41% immediately after it began trading, the stock has been on a roller coaster. As of Apr. 8, 2024, the stock was at $36, down significantly from its high of $66 on Mar. 27.
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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 ...
Trading under the ticker symbol “DJT,” Trump Media has achieved a massive valuation despite making little revenue and Truth Social remaining a tiny player in social media.
Shares of Trump Media & Technology Group fell nearly 10% on Tuesday, continuing the stock’s tumble following the conviction of former President Donald Trump, the company’s majority shareholder.