'No-Lose Deal For Donald Trump,' Says Expert On Ex-President's $1.1B Stock Bonus Deal With DJT
Portfolio Pulse from Benzinga Neuro
Brett Arends of MarketWatch discussed Donald Trump's $1.1 billion stock bonus deal with Trump Media & Technology Group Corp. (NASDAQ:DJT), describing it as a 'no-lose' situation for Trump. The deal increases Trump's stake in the company to $3.7 billion shares. Arends highlighted Trump's skill in marketing and media manipulation. The deal includes a potential additional $1.26 billion in DJT shares if certain milestones are met, part of an earnout provision from the merger with Digital World Acquisition Corporation. DJT's stock has been declining, with concerns over short-selling.
April 24, 2024 | 6:09 am
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Donald Trump's $1.1 billion stock bonus deal with Trump Media & Technology Group Corp. (NASDAQ:DJT) is seen as highly favorable, potentially increasing his stake by an additional $1.26 billion. However, DJT's stock has been experiencing a decline, with the company investigating short-selling activities.
The deal is described as a 'no-lose' situation for Trump, potentially significantly increasing his stake in DJT. However, the stock's recent decline and concerns over short-selling could impact investor sentiment and stock performance in the short term. The deal's terms and the potential for additional shares if performance milestones are met highlight the importance of this news for DJT investors.
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