Current:Home > FinanceTrump’s social media company to start trading on the Nasdaq on Tuesday -GrowthSphere Strategies
Trump’s social media company to start trading on the Nasdaq on Tuesday
View
Date:2025-04-17 15:36:10
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! (8)
Related
- The Super Bowl could end in a 'three
- Kim Kardashian and Tom Brady Face Off in Playful Bidding War at Charity Event
- 5 Things podcast: Does an uptick in strikes (UAW, WGA, etc.) mean unions are strengthening?
- Adam Copeland, aka Edge, makes AEW debut in massive signing, addresses WWE departure
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Beyoncé, like Taylor, is heading to movie theaters with a new film
- Scientists say 6,200-year-old shoes found in cave challenge simplistic assumptions about early humans
- Who is Jenny in 'Forrest Gump'? What to know about the cast of the cinema classic.
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- US expands probe into Ford engine failures to include two motors and nearly 709,000 vehicles
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Search resumes for missing 9-year-old girl who vanished during camping trip in upstate New York park
- More than 100 search for missing 9-year-old in upstate New York; investigation underway
- Gaetz plans to oust McCarthy from House speakership after shutdown vote: 5 Things podcast
- Tom Holland's New Venture Revealed
- Patrick Mahomes overcomes uncharacteristic night to propel Chiefs to close win vs. Jets
- Work starts on turning Adolf Hitler’s birthplace in Austria into a police station
- Plane crash in Lake Placid kills 2, including former NFL player Russ Francis of Patriots, 49ers
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Man who sought to expose sexual predators fatally shot during argument in Detroit-area restaurant
Florida officers under investigation after viral traffic stop video showed bloodied Black man
Sam Asghari Shares Insight Into His Amazing New Chapter
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Clergy abuse survivors propose new ‘zero tolerance’ law following outcry over Vatican appointment
Supreme Court declines to take up appeal from John Eastman involving emails sought by House Jan. 6 select committee
Philadelphia journalist who advocated for homeless and LGBTQ+ communities shot and killed at home