The former president is in line for a windfall after the stock price of Trump Media hit performance targets in its first few weeks of trading, raising the value of his already sizable stake.
Category: Trump Media & Technology Group
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Truth Social Has an Edge as Rival Right-Wing Apps Falter
Donald Trump’s social media platform has outdistanced similar conservative sites such as Parler and Gettr, even as it lags far behind X and others.
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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.
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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.
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Traders Are Betting Millions That Trump Media Will Tumble
The parent company of Truth Social is a popular target for short-sellers, even after they lost $100 million last month betting on a decline in the stock that didn’t come.
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2 Brothers in Trump Media Insider-Trading Scheme Plead Guilty
Michael and Gerald Shvartsman, who had originally pleaded not guilty to securities fraud charges, each pleaded guilty to one count of securities fraud.
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Trump Media Stock Slumps as Early Fervor in Truth Social Owner Fades
A rapid fall in price erased billions of dollars in the market value of the parent company of Truth Social, eating into some of the gains made in the volatile stock’s public debut.
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Many People and Companies Have Made Millions on Trump Media’s Stock
A surge in the social media company’s market value has generated a windfall for current and former executives, on top of the bonanza for its largest shareholder, former President Trump.
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What to Know About Trump’s High-Flying Stock Debut
Trump Media attracted a frenzy of interest on its first day of trading, and is now worth nearly $8 billion. Here are the basics of what’s happening.
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Trump’s Media Company Gets Lofty Valuation on First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq, adding billions of dollars to the former president’s wealth.
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Lofty Valuation Carries Trump’s Social Media Company Into First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, is set to trade Tuesday on the Nasdaq, adding billions of dollars to the former president’s wealth.
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Trump’s Multibillion-Dollar Social Media Company Will Start Trading on Tuesday
Trump Media & Technology Group completed a deal to merge with Digital World Acquisition Corp., a cash-rich shell company. The merger increases the former president’s net worth by roughly $3 billion.