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Trump Media, owner of the Truth Social app, has seen a series of gains for its DJT ticker, even after majority shareholder Donald Trump earned extra shares.
Former President Donald Trump has been awarded an "earnout" bonus of $1.8 billion worth of stock in his newly public company, Trump Media & Technology Group (TMTG)
DJT's stock price has doubled since hitting a trough around $23 in mid-April, but it's well below the peak of $66.
Trump Media & Technology Group (NASDAQ: DJT ) is best-known as the parent company of Truth Social. Trump Media stock surged on initial trading, but has seen very volatile swings.
Trump Media announced plans to merge with a shell company in late 2021. The legal fallout from the deal is playing out in multiple courtrooms.
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.
Short-sellers in Trump Media & Technology Group are feeling the heat from the recent rally in the company's stock and the higher cost of borrowing its shares, analytics firm S3 Partners said.
Donald Trump has raised his stake in the company that operates his social media app Truth Social to nearly 65% as of last week, according to a filing on Tuesday.
Things seem to be going from bad to worse for Trump Media & Technology Group (NASDAQ: DJT ). As former President Donald Trump's recent hush money trial continues to drag on, TMTG is facing an increasi
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.
Shares of former President Donald Trump's social media company shot up Monday as the firm's unusual attack against short sellers bolstered its eye popping, multibillion-dollar valuation, making Trump
Shares of Trump Media and Technology Group Corp. rallied again Monday, and have now more than doubled over roughly two weeks, after the latest assault by the parent of Donald Trump's social-media plat
Trump Media stock doesn't look to be affected by falling activity on its Truth Social platform.

Trump Media Stock (DJT) Floodgates Are Opening

07:41pm, Saturday, 27'th Apr 2024
On April 15, Trump Media filed the SEC Form S-1 in order to register all of the newly merged company's shares for sale. That started the clock ticking for the SEC approval followed by a potentially la
Investors and traders have had quite a ride with shares of Trump Media & Technology Group Corp. DJT, +7.92%. This has actually been a good week for the stock, with shares up 5% from a week earlier, th
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