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(Reuters) -Shares of Donald Trump's media and technology company rose over 3% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in its shares by so-called ...
Former President Donald Trump lashed out at the Nasdaq over a routine trading halt in shares of his social media company and even threatened to move the listing to the New York Stock Exchange.
Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.
(The broad stock market as measured by the Standard & Poor's 500 index has gained almost 2% over the same time span.) The shares have gained in daily value only five times during that period, and ...
The company's board includes Trump's son Donald Trump Jr., Nunes, and former Trump administration officials Robert Lighthizer, Kash Patel, Linda McMahon, and Scott Glabe. Devin Nunes resigned from the U.S. House of Representatives in December 2021 and became the TMTG's chief executive officer in January 2022. [21] [22]
S&P Dow Jones Indices LLC is a joint venture between S&P Global, the CME Group, and News Corp that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as the basis of investable products, such as exchange-traded funds (ETFs), mutual funds, and structured products.
The Dow closed 425 points higher Tuesday or 1% up, the S&P 500 gained 1.2% and the tech-heavy Nasdaq climbed 1.4%, all underscoring investor optimism as Americans cast their ballots. Historically ...
The tech-heavy Nasdaq Composite led the decline, ending the day down by 1.6%; while the S&P 500 and Dow both fell about 1%. For the Dow, this translated to a drop of just over 400 points.