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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 ...
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 ...
Shares in Trump Media, which runs the Truth Social platform, closed up about 31%. The price had risen as much as 70% in pre-market trading over the weekend before falling back again.
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 ...
For Truth Social, it is Trump’s avid supporters who are driving up the price, Tiu said. “Buy Baby Buy!” one user wrote on the platform March 21. “Truth Social is our voice make it happen ...
The company’s price-to-sales ratio – a common way to value stocks – is off the charts when compared with rival social media companies. Since peaking at $66 in late March, Trump Media’s ...
Trump Media & Technology Group Corp. ( TMTG) is a Sarasota, Florida based, American media and technology company best known as the owner of Truth Social and for being primarily owned by former U.S. president Donald Trump. It also plans to launch a subscription based streaming service called TMTG+. [ 4]
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 ...
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