Truth Social stock: Former President Trump's media company begins trading on Nasdaq

Peter CharalambousThe price of DJT, former President Donald Trump's media company and parent of Truth Social, was $70 Tuesday morning, as it began trading.Trading 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.

"Truth Social is doing very well. It's hot as a pistol and doing great," Trump told reporters in New York on Monday. "As a public company, we will passionately pursue our vision to build a movement to reclaim the Internet from Big Tech censors," Nunes said Monday. "We will continue to fulfill our commitment to Americans to serve as a safe harbor for free expression and to stand up to the ever-growing army of speech suppressors."

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