Trump Media’s Stock Price Soars on His Presidential Win, Boosting Value of Trump’s Stake to Over $5 Billion
Donald Trump has retaken the White House — and excited investors are eagerly buying shares in his social-media company, driving up his wealth by hundreds of millions of dollars. The former reality TV host and real estate mogul’s presidential victory turbocharged the share price of Trump Media & Technology Group on Wednesday morning.
Trump Media stock was halted three times on Election Day after its price dropped 15% in just 15 minutes
Over the course of 14 minutes, from 2:48 p.m. to 3:03 p.m., trading on the stock was halted three separate times because of excess volatility. The pauses in trading came because there were too many shares changing hands at once, causing the price to oscillate wildly in the span of just a few minutes.
Trump Media Suffers $19.2 Million Election Day Loss and Shares Surge Higher
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidency
StockTok: Trump Media shares in focus following election win, M&A speculation
Welcome to “StockTok,” The Fly’s weekly recap of Wall Street’s reactions to social media stock news. ELECTION 2024:
Trump Media short sellers hammered by a $420 million loss, S3 says
Investors betting against Trump Media & Technology Group have lost $420 million since the stock began tracking the election odds of Donald Trump, according to a report released on Wednesday by financial analytics firm S3 Partners.
DJT stock jumps as former president Trump wins election, then pulls back
Trump Media & Technology rose Wednesday morning after its majority shareholder, former President Donald Trump, declared victory.
Donald Trump will make a $400,000 salary as president. His shares in Trump Media could keep him rich to the tune of $8 billion
Donald Trump has boasted about his personal wealth for decades. But a dollar figure has never been publicly shared—or settled upon. Now that he’s been elected president for the second time, his actual net worth could swing dramatically.
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