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At $72.63, the company’s market capitalization was $9.84 billion on an undiluted basis. Trading in the shares under the ticker “DJT” was briefly halted for volatility just after the opening bell. Meanwhile, a pause to a ruling that would have blocked New York state authorities from seizing his assets bought Trump some financial breathing room as he tries to build a campaign war chest and keep his real-estate empire intact.
A Reddit user Chester-Ming posted “the hype has the potential to offset everything – shitty fundamentals, insane dilution and more”, on 15 million-large “wallstreetbets” investor forum, although the user warned that Trump could potentially cut his stake.