Trump Media shares close down by more than 5%, latest grim day for Truth Social owner

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Trump Media shares close down by more than 5%, latest grim day for Truth Social owner
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The biggest shareholder in Trump Media is Donald Trump, the presumptive Republican presidential nominee.

The social media company's stock began public trading on the Nasdaq on March 26 with an opening price of $70.90, and a high of nearly $80 that day.began public trading on the Nasdaq on March 26 with an opening price of $70.90, and soared to a high of nearly $80 that day.'s market capitalization as of Thursday is $4.43 billion, markedly lower than the level seen when shares began trading last month, but still relatively very high given the firm's financial results last year.

Under the terms of a merger with a shell company that took Trump Media public, Trump is barred from selling his shares for six months from the March 22 closing date of that deal.Citi says this ‘high risk’ but ‘attractive’ global stock has 280% upside This AI stock could fall 50% and has an ‘exaggerated artificial intelligence narrative,’ Morningstar saysPhiladelphia

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What is Truth Social, Donald Trump's social media platform?What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection. While he’s since been reinstated to both, he’s largely stayed off X, the Elon Musk-owned platform that was once his primary megaphone.
続きを読む »

What is Truth Social, Donald Trump's social media platform?What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
続きを読む »

What is Truth Social, Donald Trump's social media platform?What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
続きを読む »

What is Truth Social, Donald Trump's social media platform?What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
続きを読む »

What is Truth Social, Donald Trump’s social media platform?What is Truth Social, Donald Trump’s social media platform?A shareholder vote Friday approved a deal to merge Truth Social with Digital World Acquisition Corp. — a special-purpose acquisition company, or SPAC, also referred to as a blank check company.
続きを読む »

What is Truth Social, Donald Trump's social media platform?What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the platform formerly known as Twitter following the Jan. 6 attack on the U.S. Capitol.
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