Donald Trump on Friday urged his followers to support his social media app Truth Social, as its parent company’s stock continues to sink lower. Trump in a post on that app said he believes Truth Social embodies the political “movement” behind his “Make America Great Again” presidential campaign slogan, adding that “it shows the Spirit … Read more
US Representative Marjorie Taylor Greene (R) speaks alongside former US President and 2024 presidential hopeful Donald Trump at a campaign event in Rome, Georgia, on March 9, 2024. Elijah Nouvelage | AFP | Getty Images A media company with ties to former President Donald Trump is off to a rocky start with share prices tanking … Read more
Jonathan Raa | Nurphoto | Getty Images The price of Trump Media shares fell below $30 in early trading Friday morning, which is more than $40 lower than what its shares first sold for when the social media company began public trading on March 26. DJT shares fell by more than 8% within the first … Read more
Jonathan Raa | Nurphoto | Getty Images The share price of Trump Media fell 5.4% at the close of trading on Thursday. DJT shares, the majority of which are owned by former President Donald Trump, ended at $32.41. Thursday’s drop came a day after Trump Media shares fell 8.57%. The social media company’s stock began … Read more
Former U.S. President Donald Trump speaks from the hallway outside a courtroom where he is attending a hearing in his criminal case on charges stemming from hush money paid to a porn star, in New York City on March 25, 2024. Brendan Mcdermid | Reuters Donald Trump has used every legal tool at his disposal … Read more
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege … Read more
Jonathan Raa | Nurphoto | Getty Images The share price of Trump Media was down by more than 10% on Wednesday afternoon, putting the company’s market capitalization below $5 billion. DJT shares were selling for $33.58 at 1:46 p.m. ET, well below the $70.90 that the stock opened trading at on March 26, its first … Read more
The merger that led to Trump Media shares becoming publicly traded is also paying off for top executives and other insiders at the company, which owns the Truth Social app regularly used by former President Donald Trump. Corporate filings from Trump Media — which reported a net loss of $58 million last year on revenue … Read more
Aytac Unal/ | Anadolu | Getty Images Trump Media shares dropped more than 10% in early trading Monday, putting its market capitalization to just below $5 billion. DJT’s plunge followed a 12% decline in its share price on Friday. Trump Media, which owns the Truth Social app used by its biggest shareholder, former President Donald … Read more
Donald Trump on Thursday defended his social media platform Truth Social as a growing chorus of critics — and short sellers — view its parent company as a meme stock with a vastly overinflated share price. Trump, in two lengthy posts on Truth Social, accused the platform’s detractors of being “Radical Left Democrats” who are … Read more
