May 17, 2024
Finance

Trump Media stock tanks on move to issue millions of shares

Trump Media & Technology Group (DJT) stock continued to fall Tuesday after sinking 18% on news the parent company of Donald Trump’s social media platform Truth Social had filed to issue more than 21 million shares. The stock slid to close at $26.61 on Monday in an extension of last week’s sell-off and fell over

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Finance

Trump’s Truth Social stock soars in first day of trading

Donald Trump’s social media platform Truth Social (DJT) surged more than 50% in its first day of trading on the Nasdaq Tuesday morning. Shares of Trump Media & Technology Group, Truth Social’s parent company, were trading above $75 under the ticker symbol “DJT,” Trump’s initials, just after the market open. The company merged with special

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