DJT shares crack $50 as Trump Media continues stock bounce back

Former US president Donald Trump announced plans on October 20 to launch his own social networking platform called “TRUTH Social,” which is expected to begin its beta launch for “invited guests” next month. Chris Delmas | AFP | Getty Images Trump Media shares opened trading Wednesday higher, breaking the $50 per share threshold for the … Read more

Trump Media insider trading trial begins in New York

Bruce Garelick walks following a hearing at the Manhattan Federal Court, in New York City, July 20, 2023. Amr Alfiky | Reuters The federal criminal trial of a man accused of insider trading in shares of a shell company ahead of its announcement of a plan to merge with Trump Media began Tuesday, just blocks … Read more

Trump receives 36 million more shares of Trump Media as bonus

Republican presidential candidate and former U.S. President Donald Trump gestures as he arrives to Trump tower during the day of his trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in New York City, U.S. , April 19, 2024.  Eduardo Munoz | Reuters Former … Read more

Trump Media shares rise again, jump 50% in the past week

Jonathan Raa | Nurphoto | Getty Images Trump Media shares climbed 7% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past week. DJT was trading at roughly $50 a share, about 30% below its opening price of $70.90 in late March. The stock has had several volatile … Read more

Trump Media shares soar more than 12% in afternoon trading

Jonathan Raa | Nurphoto | Getty Images The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. The DJT ticker was up more than $5 per share just before 1 p.m. ET. Trump Media owns the Truth Social app frequently used by … Read more

Trump Media CEO asks House GOP to launch stock manipulation probe

Rep. Devin Nunes, R-Calif., ranking member of the House Intelligence Committee, speaks during an impeachment inquiry hearing in Washington, Nov. 13, 2019. Andrew Harrer | Bloomberg | Getty Images Trump Media CEO Devin Nunes on Tuesday urged House Republican committee leaders to investigate possible “unlawful manipulation” of the company’s stock. Nunes, himself a former House … Read more

Trump Media shares plunge before former president’s stock bonus

Jonathan Raa | Nurphoto | Getty Images Trump Media shares fell 9% Tuesday ahead of an expected earnout bonus for former President Donald Trump. DJT was trading at $32 per share Tuesday afternoon, about 50% below its opening price last month of more than $70. Trump will receive an additional 36 million shares, worth about … Read more

Trump set to get millions more Trump Media shares

Anna Barclay | Getty Images Former President Donald Trump is poised to receive an additional 36 million shares of Trump Media on Tuesday — an “earnout” bonus worth more than $1.25 billion, at Monday’s price. Shares of Trump Media, which owns the Truth Social app, were trading at around $35 per share midday Monday, about … Read more

Trump Media CEO says he’ll do ‘whatever it takes’ to defend DJT investors from short sellers

Devin Nunes, chief executive officer of Truth Social, speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, US, on Thursday, March 2, 2023.  Al Drago | Bloomberg | Getty Images Trump Media CEO Devin Nunes on Friday said he would “do whatever it takes” to defend the company’s retail investors from possible … Read more

Citadel Securities blasts Trump Media CEO over DJT short sale letter

Devin Nunes, chief executive officer of Truth Social, speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, US, on Thursday, March 2, 2023.  Al Drago | Bloomberg | Getty Images Citadel Securities ripped Trump Media CEO Devin Nunes on Friday for a letter he sent the Nasdaq Stock Market which mentioned Citadel … Read more