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The parent company of Donald Trump’s Truth Social platform started trading on Wall Street on Tuesday, with its shares appearing under the ticker “DJT” and priced at $78.. Their value ...
At Tuesday's closing price of $57.99, Trump Media had a market cap of around $8 billion. The former president founded Truth Social after he was kicked off major social media apps like Facebook and ...
“Because Truth Social users help the frenzy, in part, so in that sense it is a meme stock,” Tiu said. “My own personal opinion is it has to be a bit of a meme stock,” Dunn said.
Truth Social largely follows the same format as X, formerly Twitter, and has about 2 million active users, although claims vary according to difference sources. Mr Trump is the majority shareholder.
As a social media app Truth Social has about 8.9 million registered accounts, paltry numbers compared to the major platforms that dominate the industry. ( Facebook , for example, has over 3 ...
Truth Social. Truth Social (stylized as TRUTH Social) is an alt-tech [ 4][ 5][ 6] social media platform owned by Trump Media & Technology Group (TMTG), an American media and technology company majority-owned by former U.S. president Donald Trump. [ 7] It has been called a " Twitter clone" that competes with Parler, Gab, and Mastodon in trying ...
On July 1, ORTEX, a financial intelligence and analytics firm based in London, estimated that DJT’s short interest was 7.16 million shares. By July 12, its estimate rose to only 8.86 million ...
Shares of Trump Media & Technology Group, the parent company of Truth Social, shot up more than 50% in its first minutes of trading. The quick move triggered a trading halt of five minutes, which ...
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