Current:Home > NewsTrump’s social media company to start trading on the Nasdaq on Tuesday -MarketLink
Trump’s social media company to start trading on the Nasdaq on Tuesday
View
Date:2025-04-15 09:12:27
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! (7)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- London Black Cabs Will Be Electric by 2020
- Don't think of Africa as a hungry child, says a champion of Africa's food prowess
- Oversight Committee subpoenas former Hunter Biden business partner
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- The U.S. Military Needed New Icebreakers Years Ago. A Melting Arctic Is Raising the National Security Stakes.
- RSV recedes and flu peaks as a new COVID variant shoots 'up like a rocket'
- The FDA approves an Alzheimer's drug that appears to modestly slow the disease
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- U.S. Starts Process to Open Arctic to Offshore Drilling, Despite Federal Lawsuit
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- FDA approves Alzheimer's drug that appears to modestly slow disease
- U.S. announces $325 million weapons package for Ukraine as counteroffensive gets underway
- Illinois becomes first state in U.S. to outlaw book bans in libraries: Regimes ban books, not democracies
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Qantas on Brink of £200m Biojet Fuel Joint Venture
- Saltwater Luxe Floral Dresses Will Be Your New Go-Tos All Summer Long
- The FDA approves an Alzheimer's drug that appears to modestly slow the disease
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Black Panther actor Tenoch Huerta denies sexual assault allegations
Here are 9 Obama Environmental Regulations in Trump’s Crosshairs
Dangers Without Borders: Military Readiness in a Warming World
A South Texas lawmaker’s 15
Kendall Jenner and Bad Bunny's Latest Date Night Proves They're In Sync
Rebel Wilson Shares Adorable New Photos of Her Baby Girl on Their First Mother's Day
Debunking Climate Change Myths: A Holiday Conversation Guide