Current:Home > ScamsTrump’s social media company to start trading on the Nasdaq on Tuesday -RiskWatch
Trump’s social media company to start trading on the Nasdaq on Tuesday
View
Date:2025-04-13 22:53:20
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! (67)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Martha Stewart Stirs Controversy After Putting a Small Iceberg in Her Cocktail
- Before summer ends, let's squeeze in one last trip to 'Our Pool'
- Daylight savings ends in November. Why is it still around?
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Indianapolis police have shot 3 people, two fatally, over the past 30 days
- Mississippi governor’s brother suggested that auditor praise Brett Favre during welfare scandal
- Daylight savings ends in November. Why is it still around?
- Questlove charts 50 years of SNL musical hits (and misses)
- Traffickers plead guilty to smuggling over $10,000 in endangered sea cucumbers
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- India's moon rover finds sulfur, other elements in search for water near lunar south pole
- Russia attacks a Ukrainian port before key grain deal talks between Putin and Turkey’s president
- 'Howdy Doody': Video shows Nebraska man driving with huge bull in passenger seat
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Did you buy a lotto ticket in Texas? You may be $6.75 million richer and not know it.
- This romcom lets you pick the ending — that doesn't make it good
- Founding father Gen. Anthony Wayne’s legacy is getting a second look at Ohio’s Wayne National Forest
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Disney, Spectrum dispute blacks out more than a dozen channels: What we know
An Alaska city reinstates its police chief after felony assault charge is dropped
Murderer who escaped from prison may attempt to flee back to Brazil: DA
Meta donates $1 million to Trump’s inauguration fund
Anderson Cooper talks with Kelly Ripa about 'truly mortifying' Madonna concert experience
Americans have long wanted the perfect endless summer. Jimmy Buffett offered them one
Inside the making of 'Starfield' — one of the biggest stories ever told