Trump Media payday: What Truth Social executives got paid in stock and compensation
Publishing timestamp: 2024-04-09 11:08:40
Summary
Trump Media, owned by former President Donald Trump, recently became publicly traded under the ticker DJT. Corporate filings detail compensation and stock allocation to top executives and insiders. Trump himself holds a majority stake in the company. The merger that led to Trump Media going public has also benefited top executives, with details of salaries, bonuses, and stock allocations revealed. Despite the high stock price, some believe the company is overvalued due to its low revenue and user numbers. There are also legal disputes involving shareholders and executives.
Sentiment: MIXED
Tickers: DJT,
Keywords: breaking news: markets, business news, nunes, breaking news: politics, trump media & technology group corp, business, donald trump, devin nunes, social media, markets, politics,
Source: https://www.cnbc.com/2024/04/08/trump-media-how-much-truth-social-app-executives-make.html