Current:Home > reviewsTrump’s social media company to start trading on the Nasdaq on Tuesday -Thrive Capital Insights
Trump’s social media company to start trading on the Nasdaq on Tuesday
View
Date:2025-04-16 03:00:04
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! (154)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- What are maternity homes? Their legacy is checkered
- 'Bill & Ted' stars Keanu Reeves, Alex Winter to reunite in new Broadway play
- US safety agency moves probe of Dodge Journey fire and door lock failure a step closer to a recall
- The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
- Miss Teen West Virginia Has the Perfect Bounce Back After Falling Off Stage at Competition
- Every M. Night Shyamalan movie (including 'Trap'), ranked from worst to best
- Election 2024 Latest: Harris raised $310M in July, new poll finds few Americans trust Secret Service
- Hidden Home Gems From Kohl's That Will Give Your Space a Stylish Refresh for Less
- The Chesapeake Bay Bridge was briefly closed when a nearby ship had a steering problem
Ranking
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- Swimmer Tamara Potocka under medical assessment after collapsing following race
- Skunks are driving a rabies spike in Minnesota, report says
- Memo to the Supreme Court: Clean Air Act Targeted CO2 as Climate Pollutant, Study Says
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- When does Katie Ledecky swim today? Paris Olympics swimming schedule for 800 freestyle
- Olympian Madeline Musselman Details Husband’s Support Amid His Stage 4 Lung Cancer Diagnosis
- AP Decision Notes: What to expect in Missouri’s state primaries
Recommendation
Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
'You're going to die': Shocking video shows Chick-fil-A worker fight off gunman
A 'dead zone' about the size of New Jersey lurks in the Gulf of Mexico
Who were the Russian prisoners released in swap for Paul Whelan, Evan Gershkovich?
Meta releases AI model to enhance Metaverse experience
Olympic medals today: What is the count at 2024 Paris Games on Friday?
Golfer Tommy Fleetwood plays at Olympics with heavy heart after tragedy in hometown
Take an Extra 50% Off J.Crew Sale Styles, 50% Off Quay Sunglasses, 30% Off North Face & the Best Deals