Donald Trump's social media platform, Truth Social, went public on Tuesday March 26. Shares in parent company Trump Media & Technology Group surged 15% after its first day of trading on the Nasdaq stock exchange,adding US$1.1 billion(£876 million) to the company's value. Trumpwrote"I L...
Former President Trump will find out Friday if his social media platform Truth Social will be green-lighted to be traded on the Nasdaq stock market. A vote will take place on whether Trump’s media company, Trump Media & Technology Group, which operates his Truth Social site, can merg...
Truth Social launched in the Apple App store in February 2022. It was a glitchy start, but it shot to the top of Apple’s list of most downloaded free apps. While the platform sought to capitalize on the outrage over Trump’s social media bans to attract a broad audience, Truth S...
Truth Social, an alternative social media platform started by former President Donald Trump, makes money from advertising. According to Trump Media & Technology Group (TMTG), which owns Truth Social, the company was “founded to fight back against the big tech companies—Meta (Facebook, Instagram...
Donald Trumpon Thursday defended his social media platform Truth Social as a growing chorus of critics — andshort sellers— view its parent company as ameme stockwith a vastly overinflated share price. Trump, in twolengthypostson Truth Social, accused the platform's detractors of being "Radica...
Shares of Trump Media & Technology Group surged Tuesday, boosting both the value of the company that houses Donald Trump’s Truth Social platform and the former president’s wealth.
Shares of Donald Trump’s social media company rose about 16% in the first day of trading, boosting the value of Trump’s large stake in the company as well as the smaller holdings of fans who purchased shares as a show of support for the former presiden
That’s unlikely to change even as the Trump Media & Technology Group starts trading on the NASDAQ stock market. Here are some things to know about Trump’s social media platform and where it fits into the broader social media landscape. WHAT IS TRUTH SOCIAL? Before Truth Social, ...
特朗普媒体公司(Trump Media)作为DJT的实体,拥有Truth Social社交平台。美国前总统特朗普作为该公司的最大股东,持有近60%的股份。然而,该社交媒体的业绩并不理想,2023年特朗普传媒的总营收仅为410万美元,净亏损达到5800万美元。 DJT被认为是典型的“散户概念股”,受到散户投资者的炒作,导致股价暴涨暴跌,脱离基本面。
Shares of Trump Media & Technology Group continue to rapidly fall back to Earth. The Truth Social owner dropped by another 8% on Monday, adding to a brutal week that wiped out a third of the stock’s value. The selloff has shrunk former President Donald Trump’s stake...