Category: Digital World Acquisition Corp

Trump Says He Won’t Sell Truth Social Stock After Lockup Expires

Donald J. Trump, the largest shareholder in the parent company of Truth Social, said he won’t sell his stock when a restriction ends next week.
Trump Media Stock Price Down 70% From March Peak

The stock price of the former president’s social media company has often moved in tandem with investor perception of his standing in the presidential race.
Trump Media Stock Price Down 70% From March Peak

The stock price of the former president’s social media company has often moved in tandem with investor perception of his standing in the presidential race.
Trump Media Stock Down 50% Since Former President’s Conviction

The parent of Truth Social has come under pressure this month, most recently after early investors were given approval to sell a fresh chunk of shares.
Donald Trump’s Wealth Now Hinges on Trump Media

Mr. Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.
Trump Media Reports Lackluster Revenues and Large Losses

The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-ago period.
Financier Found Guilty in Trump Media Insider Trading Trial

Bruce Garelick was convicted of securities fraud for leaking confidential information about a merger involving the parent company of Truth Social, Donald Trump’s social media site.
Truth Social Co-Founder Says Trump Nearly Derailed Deal That Led to Market Windfall

Andy Litinsky, who helped start the former president’s social media company, revealed Mr. Trump’s last-minute doubts about an agreement that made them all very wealthy.
How a Pirate-Clad Pastor Helped Ignite Trump Media’s Market Frenzy

Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.
Legal Fight Over Trump Media’s Ownership Adds to Its Woes

Two ex-contestants on “The Apprentice” sold the former president on the idea of a social media platform. Now, the company and the pair are wrangling over their stake.
Trump Media Share Price Drops Sharply

Funds that bet on a fall were set to profit as the parent of Truth Social came under renewed pressure after it registered new shares for a potential sale.
Some of Trump’s Biggest Political Backers Also Threw Trump Media a Lifeline

Two billionaires, a wealthy election denier and a mysterious Russia-linked trust invested in the Trump company long before it went public.