Current:Home > NewsTrump’s social media company to start trading on the Nasdaq on Tuesday -MoneyMatrix
Trump’s social media company to start trading on the Nasdaq on Tuesday
View
Date:2025-04-17 05:31:26
Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday.
Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote.
The common stock of Trump Media & Technology Group will trade under the ticker symbol “DJT.”
Former president Donald Trump is set to own most of the combined company — or nearly 79 million shares. Multiply that by Digital World’s closing stock price Friday of $36.94, and the total value of his stake could be nearly $3 billion.
veryGood! (33125)
Related
- A White House order claims to end 'censorship.' What does that mean?
- MS-13 gang member pleads guilty in killing of 4 young men on Long Island in 2017
- Andy Cohen regrets role in Princess Kate conspiracy theories: 'Wish I had kept my mouth shut'
- Why Anna Paquin Is Walking With a Cane During Red Carpet Date Night With Husband Stephen Moyer
- Trump wants to turn the clock on daylight saving time
- Cole Sprouse Shares How Riverdale Costar Mark Consuelos and Kelly Ripa Influenced His Love Life
- NYC’s AI chatbot was caught telling businesses to break the law. The city isn’t taking it down
- Cole Sprouse Shares How Riverdale Costar Mark Consuelos and Kelly Ripa Influenced His Love Life
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Wolf kills a calf in Colorado, the first confirmed kill after the predator’s reintroduction
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- K-9 killed protecting officer and inmate who was attacked by prisoners, Virginia officials say
- Conjoined Twin Abby Hensel's Husband Josh Bowling Faced Paternity Suit After Private Wedding
- 13 inmates, guards and others sentenced for drug trafficking at Louisiana’s maximum-security prison
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Prosecutors recommend at least 10 years in prison for parents of Michigan school shooter
- North Carolina lawsuits challenging same-day registration change can proceed, judge says
- Officer hired as sheriff’s deputy despite involvement in fatal Manuel Ellis arrest resigns
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Palestinian American doctor explains why he walked out of meeting with Biden and Harris
US Sen. Rick Scott spends multiple millions on ads focused on Florida’s Hispanic voters
Trump Media sues Truth Social founders Andrew Litinsky, Wes Moss for 'reckless' decisions
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
New sonar images show wreckage from Baltimore bridge collapse at bottom of river
After voters reject tax measure, Chiefs and Royals look toward future, whether in KC or elsewhere
Nebraska lawmaker who targeted a colleague during a graphic description of rape is reprimanded