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Donald Trump's Truth Social is now worth more than Elon Musk's X, thanks to a recent run-up in the shares of the parent company of the former president's social media platform. Trump Media ...
Shares of Trump Media & Technology Group , the parent company of Trump's social media platform Truth Social, rose 16% on Tuesday during the stock's first day of trading under its new ticker ...
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 these prices, Trump’s shares are worth about $4.2 billion on paper. For months, Trump Media has served as a proxy for how traders think the election will end.
Trump Media stock slid as much as 16% on Monday after the parent company of Donald Trump's social media platform, Truth Social, filed to issue more than 21 million shares.
On March 25, 2024, the day TMTG's stock began trading publicly, Truth Social had 277,000 U.S. visitors, while Reddit had 32 million. [137] By April 2024, Truth Social's daily average of active users in the U.S. had dropped 19% over the past year to around 113,000.
The former president founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. Trump ...
The stock price of DJT has dropped around 75% from its intraday high on March 26, ... But the company has noted that its fledgling social media platform, Truth Social, depends at least partly on ...