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DJT

Trump Media & Technology Group Corp.

Industry

Internet Content & Information

Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.

Open

26.91

Mkt cap

6.1B

Volume

19M

High

28.88

P/E Ratio

-65.35

52-wk high

79.38

Low

26.81

Div yield

N/A

52-wk low

11.75

Trump Media & Technology Group shares are trading lower after the SEC declared effectiveness of the registration statement on Form S-1 related to the resale by certain securityholders of certain shares and warrants.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:27 pm

Trump Media & Technology Group (TMTG) announced that the SEC has declared its Form S-1 registration statement effective. This allows the resale of shares and warrants by certain securityholders, potentially generating up to $247 million from warrant exercises. Additionally, $40 million in restricted cash will become unrestricted, supplementing over $200 million in unrestricted cash.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:27 pm

Trump Media & Technology Group has announced that the SEC has declared the amended Form S-1 effective.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:25 pm

Trump Media & Technology Group shares are trading lower amid ongoing volatility.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 2:48 pm

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading lower in the premarket session, despite a 94% gain over the past six months. The company plans to combat short sellers, explore streaming developments, and potential mergers and acquisitions. It aims to become a comprehensive platform for news and opinions ahead of the 2024 presidential election.

Portfolio Pulse from Nabaparna Bhattacharya

June 18, 2024 | 1:17 pm

Today's session saw significant options activity involving several major stocks, with a predominance of bearish sentiment. Notable trades include call option sweeps for META, GOOG, NFLX, ASTS, GOOGL, PARA, and DJT, and put option sweeps for DIS, CHTR, and BIDU. This activity could indicate potential short-term price movements for these stocks.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 5:35 pm

Trump Media & Technology Group shares are experiencing a decline amid ongoing market volatility.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 4:32 pm

Trump Media & Technology Group shares are trading lower following the board's confirmation of the S-1 Registration statement issued on June 10.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 3:43 pm

President Joe Biden mocked former President Donald Trump and his social media platform, Truth Social, in a tweet. Biden emphasized his ability to answer questions that Trump can't and criticized Trump's late-night rants on Truth Social. Trump owns a 57.6% stake in Truth Social's parent company, Trump Media & Technology Group Corp (NASDAQ:DJT). The tweet comes amid a heated presidential contest between Biden and Trump.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 12:58 am

Trump Media & Technology Group shares are trading lower after the company filed a prospectus for the issuance of up to 14.4 million common shares upon warrant exercise and resale of 146.1 million shares by selling stockholders, including 78.8 million shares held by Trump.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 4:23 pm

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