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On Monday (Oct. 14), TMTG’s stock price closed up 18.5%, to $29.95 per share. ... has not released any notable financial news in the past three weeks that would have spurred the jump in the ...
Since then the stock has rebounded, rising 33% from its low of $12.15 to the current price of $15.48. The strong performance was headed by a rally when the market opened on Monday, Sept. 30.
TMTG was last exchanging hands at a price of $13.72, more than 7% higher in the session. ... But the fine print of the deal meant that Trump could sell earlier so long as the closing stock price ...
A stock’s price is supposed to rise and fall with its prospects for making money, but critics say TMTG’s stock has instead tended to move with investors’ expectations for Trump’s re ...
TMTG's six-month lockup period -- which prevented former President Donald Trump, the company's insiders, and other major investors from selling the stock following its public debut -- ended on ...
A November 2023 DWAC financial disclosure expressed substantial doubt about TMTG's ability to meet its financial obligations, showing a $31.5 million loss since inception. [26] [27] [28] On November 21, 2023, TMTG filed a lawsuit seeking $1.5 billion in damages from 20 media outlets for falsely reporting a $73 million loss. Corrected reports ...
That closing price gave TMTG a market cap of about $7.2 … The stock ended the day up 5.9% to $35.96/share, after swinging as high as $45.76 during the session. Trump Media’s Stock Price Soars ...
Applying the same 7.5x price-to-sales multiple for next year’s revenue that Reddit currently trades to TMTG stock would give it a market cap of around $25 million.