Current:Home > InvestTrump’s social media company to start trading on the Nasdaq on Tuesday -WealthRoots Academy
Trump’s social media company to start trading on the Nasdaq on Tuesday
View
Date:2025-04-13 01:04:29
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! (78)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- China imposes export controls on 2 metals used in semiconductors and solar panels
- Activists Are Suing Texas Over Its Plan to Expand Interstate 35, Saying the Project Is Bad for Environmental Justice and the Climate
- Protesters Rally at Gas Summit in Louisiana, Where Industry Eyes a Fossil Fuel Buildout
- Louvre will undergo expansion and restoration project, Macron says
- What’s Good for Birds Is Good for People and the Planet. But More Than Half of Bird Species in the U.S. Are in Decline
- Inside Clean Energy: The Idea of 100 Percent Renewable Energy Is Once Again Having a Moment
- So your tween wants a smartphone? Read this first
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Colson Whitehead channels the paranoia and fear of 1970s NYC in 'Crook Manifesto'
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- It's hot. For farmworkers without federal heat protections, it could be life or death
- What recession? Why stocks are surging despite warnings of doom and gloom
- A stolen Christopher Columbus letter found in Delaware returns to Italy decades later
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Court pauses order limiting Biden administration contact with social media companies
- Britney Spears’ Upcoming Memoir Has a Release Date—And Its Sooner Than You Might Think
- Wisconsin Advocates Push to Ensure $700 Million in Water Infrastructure Improvements Go to Those Who Need It Most
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
The job market is cooling but still surprisingly strong. Is that a good thing?
The Indicator Quiz: Jobs and Employment
The Pathway to 90% Clean Electricity Is Mostly Clear. The Last 10%, Not So Much
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
The US Forest Service Planned to Increase Burning to Prevent Wildfires. Will a Pause on Prescribed Fire Instead Bring More Delays?
Got tipping rage? This barista reveals what it's like to be behind the tip screen
Bank of America to pay $250 million for illegal fees, fake accounts