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Tag: Trump Media & Technology Group Corp. DJT

WednesdayOct 09, 2024 1:35 pm

QualityStocksNewsBreaks – Shares of Trump Media & Technology Group Corp. (NASDAQ: DJT) Surge Following Presidential Campaign Event

Shares of Trump Media & Technology Group (NASDAQ: DJT), the operator of Truth Social, have recently experienced a notable surge, climbing up to 19%. This marks the company’s longest rally since June, with gains extending for the fourth consecutive day. The rally gained momentum following a presidential campaign event held by Donald Trump, the majority owner of Trump Media, alongside Tesla CEO Elon Musk in Pennsylvania. Trump Media is known for its social media platform, Truth Social, which aims to provide an alternative to mainstream social media networks. Despite the recent rally, the current price of DJT is approximately $20.97,…

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FridayOct 04, 2024 12:00 pm

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Navigating Leadership Changes and Legal Battles

Trump Media & Technology Group (NASDAQ: DJT), known for its association with former President Donald Trump, is navigating significant changes. The company’s Chief Operating Officer, Andrew Northwall, resigned in late September. This comes as Donald Trump transfers more shares to a SPAC investor, amidst an ongoing court battle. These developments could impact the company’s strategic direction and investor confidence. The stock is currently trading at $16.35, marking a 1.13% increase or $0.18. This price movement reflects investor reactions to recent company news. During the trading day, DJT’s price has varied between $15.74 and $16.49, indicating some volatility in the market.…

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ThursdayAug 22, 2024 2:10 pm

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock Performance and Market Dynamics

Shares of Trump Media & Technology Group (NASDAQ: DJT) have seen a notable downturn, hitting record lows on Tuesday. This decline is closely tied to the actions of its majority owner, former U.S. President Donald Trump, particularly his decision to re-engage with a competing social media platform, X. Trump Media & Technology Group, while not as widely recognized as some of its competitors in the tech and social media sphere, has garnered significant attention due to its high-profile ownership and the controversies that often surround it. The stock, which is currently trading at $23.83, has experienced a decrease of 1.53%, shedding $0.37 in value. This recent…

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WednesdayAug 14, 2024 12:00 pm

QualityStocksNewsBreaks – Impact of Trump-Musk Conversation on Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock

Trump Media & Technology Group (NASDAQ: DJT) recently faced a downturn, attributed to a public conversation between former President Donald Trump and Tesla CEO Elon Musk on the social media platform X. This event, as reported by Barrons on August 13, 2024, has seemingly influenced investor sentiment negatively, leading to a decrease in the stock’s value. Trump Media, a company that has been in the spotlight due to its high-profile affiliations and controversial nature, competes in the crowded media and technology sector, where public perception can significantly impact stock performance. The stock, trading at $23.79, saw a decline of $0.19, marking a decrease…

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FridayJun 28, 2024 9:51 am

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock Sees Uptick Following SEC Approval

Trump Media & Technology Group (NASDAQ: DJT) has recently seen a notable uptick in its stock value, marking a 23% increase that has helped recover some of its earlier losses. This surge is directly tied to the SEC’s green light for the company to register more shares, a move that not only allows early investors to sell off some of their holdings but also to act on stock warrants. These warrants let investors buy more shares at a set price before a certain date. With this approval, Trump Media is set to gain nearly $70 million from these transactions. The company,…

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TuesdayMar 26, 2024 3:02 pm

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Commences Trading on the Nasdaq

Digital World Acquisition Corp. and Trump Media & Technology Group (NASDAQ: DJT, DJTWW) (“TMTG”), a Delaware corporation, announced the completion of their business combination. According to the announcement, Digital World now operates as Trump Media & Technology Group following the successful completion of the business combination. On Tuesday, March 26, 2024, the common stock and public warrants of TMTG commenced trading on the Nasdaq Stock Market LLC under the ticker symbols DJT and DJTWW, respectively. TMTG, as a publicly traded company, will continue to be led by Chief Executive Officer Devin G. Nunes and its existing management team. “Today marks…

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