Trump Media shares drop by more than 10%, putting market cap under $5 billion

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

News اخبار

ایران آخرین اخبار,ایران سرفصلها

Trump Media owns the Truth Social app. Donald Trump, the presumptive Republican presidential nominee, is the company’s largest shareholder.

DJT shares were selling for $34.07 at 1:27 p.m. ET, well below the $70.90 that the stock opened trading at on March 26, its first day as a publicly traded company.

Shares fell slightly under the $36.94 per share closing price of the former shell company, Digital World Acquisition Corp. on March 22, the day DWAC shareholders approved the merger with Trump Media that took that company public days later.On Wednesday shares fell below the $36.94 closing price of the former shell company, Digital World Acquisition Corp. on March 22, the day, who holds a nearly 60% stake in the company. Trump's shares were worth less than $2.

Trump Media, which owns the Truth Social app, reported revenue of just $4.1 million for 2023, and a net loss of $58 million for the year. This simple move ‘takes minutes' to file a free federal tax extension, tax pro says — here's what to know Biden's new student loan forgiveness plan could start eliminating debts before the 2024 presidential electionTrump slams Biden for 'raging' inflation after hotter-than-expected CPI report

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 524. in İR
 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

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.
منبع: BreitbartNews - 🏆 610. / 51 ادامه مطلب »

DWAC climbs 10% after shareholders approve merger with Trump's media groupA potential windfall from selling shares could help pay for Trump’s legal bills and his damage judgments of over $500 million in three separate cases.
منبع: NBCLA - 🏆 319. / 59 ادامه مطلب »