Current:Home > FinanceTrump’s social media company to start trading on the Nasdaq on Tuesday-LoTradeCoin
Trump’s social media company to start trading on the Nasdaq on Tuesday
View Date:2024-12-24 00:10:54
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! (668)
Related
- The Bachelorette's Desiree Hartsock Gives Birth, Welcomes Baby No. 3 With Chris Siegfried
- The Cutest (and Comfiest) Festival Footwear to Wear To Coachella and Stagecoach
- At least 11 Minneapolis officers disciplined amid unrest after George Floyd’s murder, reports show
- Part of a crane falls on Fort Lauderdale bridge, killing 1 person and injuring 3 others
- Taylor Swift Politely Corrects Security’s Etiquette at Travis Kelce’s Chiefs Game
- Emergency summit on Baltimore bridge collapse set as tensions rise over federal funding
- What's next for Chiefs in stadium funding push? Pivot needed after fans reject tax measure
- Buy groceries at Walmart recently? You may be eligible for a class action settlement payment
- Does the NFL have a special teams bias when hiring head coaches? History indicates it does
- Your streaming is about to cost more: Spotify price hike is on the way says Bloomberg
Ranking
- 'Heretic' spoilers! Hugh Grant spills on his horror villain's fears and fate
- Chick-fil-A via drone delivery? How the fight for sky dominance is heating up
- USC’s Bronny James declares for NBA draft and enters transfer portal after 1 season
- Texas Gov. Greg Abbott appears at Republican gala in NYC, faces criticism over migrant crisis
- How Saturday Night Live Reacted to Donald Trump’s Win Over Kamala Harris
- J. Cole drops surprise album 'Might Delete Later,' including response to Kendrick Lamar's diss
- Brad Pitt Allegedly Physically Abused Angelina Jolie Before 2016 Plane Incident
- Colt Ford 'in stable but critical condition' after suffering heart attack post-performance
Recommendation
-
KFC sues Church's Chicken over 'original recipe' fried chicken branding
-
Judge dismisses lawsuit of injured Dakota Access pipeline protester
-
Why women's March Madness feels more entertaining than men's NCAA Tournament
-
Earthquake centered near New York City rattles much of the Northeast
-
RHOBH's Kyle Richards Addresses PK Kemsley Cheating Rumors in the Best Way Possible
-
South Carolina vs. NC State highlights: How Gamecocks dominated Wolfpack in Final Four
-
Federal investigation begins of fatal Florida crane collapse; bridge reopens
-
3 retired Philadelphia detectives to stand trial in perjury case stemming from 2016 exoneration