Trump media company, parent of Truth Social, begins trading on Nasdaq

  • 📰 ABC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Trump himself owns 58 percent of the shares in the company.

Former President Donald Trump arrives to speak during a"Get Out The Vote" rally at the Forum River Center, March 9, 2024, in Rome, Ga.For approximately $70, you can now own a share of the company behind former PresidentTrading in Trump Media & Technology Group -- which uses the ticker symbol DJT -- began on the Nasdaq Tuesday morning after last week'sThe company’s market capitalization is approximately $2.7 billion.

In public statements, Trump Media CEO Devin Nunes has expressed confidence in the long-term success of the social media platform. Former President Donald Trump arrives to speak during a"Get Out The Vote" rally at the Forum River Center, March 9, 2024, in Rome, Ga.Trump Media has a long road before it reaches profitability, according to a recent SEC filing, and most new social media companies face a low likelihood of success. In the first nine months of 2023, Trump Media brought in less than $3.4 million in revenue while losing $49 million.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 471. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Breitbart Business Digest: The Truth About Trump’s Truth Social WindfallSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Consulte Mais informação »