Current:Home > NewsTrump’s social media company to start trading on the Nasdaq on Tuesday -CapitalTrack
Trump’s social media company to start trading on the Nasdaq on Tuesday
NovaQuant View
Date:2025-04-08 16:15:39
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! (4)
Related
- Trump's 'stop
- Closing arguments set in trial of University of Arizona grad student accused of killing a professor
- Oleksandr Usyk beats Tyson Fury by split decision to become the undisputed heavyweight champion
- Dive team finds bodies of 2 men dead inside plane found upside down in Alaska lake
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Target Drops New Collection With Content Creator Jeneé Naylor Full of Summer Styles & More Cute Finds
- John Stamos posts rare pic of 'Full House' reunion with the Olsens on Bob Saget's birthday
- State Department issues worldwide alert, warns of violence against LGBTQ community
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Israeli War Cabinet member says he'll quit government June 8 unless new war plan is adopted
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Mayoral candidate, young girl among 6 people shot dead at campaign rally in Mexico
- Edmonton Oilers force Game 7 with rout of Vancouver Canucks
- Man City wins record fourth-straight Premier League title after 3-1 win against West Ham
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Oleksandr Usyk beats Tyson Fury by split decision to become the undisputed heavyweight champion
- Slovak prime minister’s condition remains serious but prognosis positive after assassination bid
- One Tree Hill Cast Officially Reunites for Charity Basketball Game
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
As PGA Championship nears enthralling finish, low scores are running rampant at Valhalla
Whoopi Goldberg reflects on family, career in new memoir Bits and Pieces
Horoscopes Today, May 18, 2024
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Suspect arrested in New York City attack on actor Steve Buscemi. Here's what we know.
Misery in Houston with power out and heat rising; Kansas faces wind risk
Travis Kelce Cheekily Reveals How He's Changed Over the Past Year