Trump's social media company to trade under DJT ticker symbol

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Business News

Donald Trump,Social Media,Stock Market

Former President Donald Trump's newly merged social media company will begin trading under the stock ticker symbol DJT on Tuesday, the firm said in a new regulatory filing. The company, which owns the Truth Social app platform, will be called Trump Media & Technology Group Corp., and will trade on the NASDAQ market. DWAC's share price soared more than 30% on Monday after an appeals court paused a civil business fraud judgment against Trump for 10 days, and sharply reduced the appeal bond he will have to post to extend that pause. The share price bounce more than made up for the step drop in DWAC's stock on Friday after the merger was approved.

Former President Donald Trump's newly merged social media company will begin trading under the stock ticker symbol DJT on Tuesday, the firm said in a new regulatory filing. The company, which owns the Truth Social app platform, will be called Trump Media & Technology Group Corp., and will trade on the NASDAQ market.

DWAC's share price soared more than 30% on Monday after an appeals court paused a civil business fraud judgment against Trump for 10 days, and sharply reduced the appeal bond he will have to post to extend that pause. The share price bounce more than made up for the step drop in DWAC's stock on Friday after the merger was approved

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DWAC stock tumbles more than 12% after Trump social media merger approved by shareholdersDonald Trump stands to reap a windfall of $3 billion or more after Digital World Acquisition Corp. shareholders voted to merger with his social media company.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Trump windfall could top $3 billion after DWAC shareholder vote on social media mergerDonald Trump faces a looming $454 million fraud judgment in New York that state Attorney General Letitita James could start collecting on next week.
Source: CNBC - 🏆 12. / 72 Read more »