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Trump Media, the parent company of Trump’s Truth Social Network, was trading at $16.98 at closing on Wednesday, down more than 78 percent from the stock’s March high of $79.38 per share.
The company behind the Truth Social platform is worth more than $3 billion on Wall Street, and Trump owns more than half of it. Trump will soon be able to sell shares in Truth Social's parent company.
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 ...
Trump 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 has since been ...
Donald Trump's first day back on the public markets was a wild ride. Shares of Trump Media & Technology Group (), the parent company of Trump's social media platform Truth Social, rose 16% on ...
Former President Donald Trump is the majority shareholder in Trump Media & Technology Group, the owner of Truth Social. Trump Media has become a proxy for how traders think the election will end.
Shares in Truth Social's parent company are surging in the wake of the election. And amid the runup in the stock, President-elect Donald Trump is making it clear: He says he's not selling.
Donald Trump’s net wealth is evaporating fast as stock in the parent company of Truth Social plunges to fresh depths since its recent market debut.