Posted on 03/26/2024 7:00:29 AM PDT by CFW
Donald Trump's social media platform Truth Social (DJT) surged more than 50% in its first day of trading on the Nasdaq Tuesday morning.
Shares of Trump Media & Technology Group, Truth Social's parent company, were trading above $75 under the ticker symbol "DJT," Trump's initials, just after the market open.
The company merged with special purpose vehicle Digital World Acquisition Corp. (DWAC) in a deal approved by shareholders last week. Prior to the merger, DWAC had been on the public market since 2021.
Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. He has since been reinstated on the platforms.
(Excerpt) Read more at finance.yahoo.com ...
I predict the stock will crater when Trump sells his shares in August.
I didn’t think it would make it. I hope you get rewarded for the risk.
I sold my several months ago at a profit for $55 each. Yes, today would have been big jump, but will it last?
Hope,it,works out spectacularly especially for the long haulers like you who rode out the bad times.
He should send Jack Dorsey a bouquet
So that was you?! Nice cup work. Was it originally called a cup, or is that the anglo-speak name for it?
I remember someone suggesting it- and hoped folks got in on it. Hope it does well for them.
Good points. Our gov is so corrupt they may be beyond salvation
May the rough times ease and be a winner for you now.
It took a while, but things ($$$) are really looking up now!
He won’t sell his shares...I think he expects that his sons will take over.
Well, maybe with the extra money/value he can hire some real IT folks to fix the site. His live commentary via Truth Social for the State of the Union technically failed miserably.
According to https://www.cnbc.com/quotes/DJT the volume trading is 13 million.
I would wait a while before getting too excited.
Yup going to be lots of sets left wing teeth grinding.
“I sold my several months ago at a profit for $55 each. Yes, today would have been big jump, but will it last?”
Great gain! The stock price has already pulled back from this morning’s highs. I’m sure many bought in over the past few days are are selling today. (Buy on the rumor — sell on the news). However, it is still a solid plus for Trump and anything that pisses in the left’s cornflakes makes me happy.
I just tried to sign up for Truth Social but it blocked me. It apparently doesn’t like my VPN. I’ll have to try again at home.
The symbol DJT for this stock doesn’t even show up on Schwab online site. I couldn’t buy today so far even if I wanted. Surprised a major online broker isn’t set up to trade this stock yet.
Yes, when you log into Schwab, you have to call for a quote.
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