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Trump Media stock jumps as much as 50% after DJT ticker debut - TL;DR CNBC

Trump Media stock jumps as much as 50% after DJT ticker debut

Publishing timestamp: 2024-03-26 13:04:47


Summary

Trump Media & Technology Group, with Donald Trump as majority stakeholder, saw a surge in its share price on its Nasdaq debut under the ticker DJT. Despite the high market valuation, the company reported losses and minimal revenue. Trump's previous publicly traded company under the same ticker symbol also faced financial challenges.


Sentiment: MIXED

Tickers: DWACDJT

Keywords: breaking news: politicsnew yorktrump media & technology group corpdonald trumpsocial mediabreaking news: marketspoliticsbusiness newsmarkets

Source: https://www.cnbc.com/2024/03/26/trump-media-stock-ticker-djt-debuts-after-dwac-merger.html


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