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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 stock price of Truth Social is unconnected to the reality of the financials of the firm. In the first quarter of 2024, the firm lost $327 million on revenues of only $770,500.
Trump's social media company is now worth more than Musk's X after recent surge in stock price. ... 2024 at 3:36 PM. FILE - The stock price for Truth Social is shown at the Nasdaq building on ...
The financially troubled parent of Truth Social now is worth a whopping $8.3 billion, a stunning reversal following September’s historic lows and not far from the estimated $9.4 billion value of ...
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.
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 ...
Measured from its closing price of $57.99 on March 26, when it went public, the stock is down about 63%. Measured from its peak of $79.38, which it reached that day before pulling back, the loss ...