Former President Donald Trump is on track to receive a sizable stock bonus from Trump Media & Technology Group Corp. this week, amounting to over $1.25 billion.
Trump Media
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Trump Media, led by CEO Devin Nunes, alerts Nasdaq CEO Adena Friedman of potential market manipulation of DJT stock, citing concerns over "naked" short selling following a decline in share value since its IPO.
Trump Media shares closed almost 26% higher on Thursday.
After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page.
The stock of Trump Media & Technology Group, the parent company of Trump's social media platform Truth Social, has become a crucial factor in the former president's financial standing ever since the company made its debut on the stock market in March.
Investors in Trump Media & Technology Group's stock witnessed another dip even after its social media platform, Truth Social, announced it was entering the streaming world.
The first auditor appointed by former President Donald Trump's social media company has reportedly resigned after just a brief tenure.
Trump Media faces a 12% stock drop after disclosing plans to sell millions of additional shares, adding to its 60% decline since its debut. Investor confidence wanes.
Georgia Representative Marjorie Taylor Greene has remained mum on details surrounding her investment in Digital World Acquisition Corporation (DWAC), the blank check company that recently merged with Trump Media & Technology Group.
Former President Donald Trump is asking his followers to support his social media platform, Truth Social, as the stock price of its parent company, Trump Media & Technology Group, continues to fall further.
Trump Media's stock price fell below $30 in early trade, down roughly $40 from its March 26 IPO price.
A federal civil lawsuit filed in Florida accused a current member of the board of directors of former President Donald Trump's media company of hacking and plotting a corporate coup.
Donald Trump is no longer on the Bloomberg Billionaires Index, as shares of Trump Media & Technology Group, the parent company behind the former president's social media platform Truth Social, continue to slip in recent days.
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall.
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, plunged 12% on Friday, wiping out the gains from its debut.
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