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The stock drop comes on the heels of an ... Trump Media reported sales of just over $4 million as net losses reached nearly $60 million for the full year ending Dec. 31. The company warned it ...
The note is dated March 25, the day before Trump's company started trading on the Nasdaq stock exchange under the symbol DJT, surging at first and earning comparisons to so-called meme stocks.
The company’s price-to-sales ratio – a common way to value stocks – is off the charts when compared with rival social media companies. Since peaking at $66 in late March, Trump Media’s ...
The former President owns roughly 79 million shares or nearly 60% of the company, which began trading under the DJT ticker symbol late last month following a reverse merger with a blank-check firm.
On Monday, the stock tumbled on news the company had filed to issue more than 21 million shares. Trump maintains a roughly 60% stake in Truth Social. As of Tuesday's closing price of $22.84 a ...
Earlier this year, Trump Media complained to Nasdaq, the stock exchange where the company is listed, that it was the victim of "potential market manipulation" due to short-selling activity.
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here.. The newly public company trading on the Nasdaq with the ticker “DJT” has ...
Trump Media & Technology Group Corp (NASDAQ:DJT) stock is trading lower on Tuesday. The dip in the Truth Social parent stock comes as a New York judge has ruled that Donald Trump will be sentenced ...