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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

19.57

Mkt cap

4.4B

Volume

2.5M

High

20.41

P/E Ratio

-8.56

52-wk high

79.38

Low

19.52

Div yield

N/A

52-wk low

11.75

Several major stocks are moving lower in Thursday's pre-market session. Vanda Pharmaceuticals (VNDA) fell 6% after rejecting unsolicited takeover bids. Trump Media & Technology Group (DJT) dipped 7.7% following SEC actions. Super Hi International (HDL), Ocugen (OCGN), Qiagen (QGEN), STMicroelectronics (STM), SolarEdge Technologies (SEDG), and Arcutis Biotherapeutics (ARQT) also saw declines.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 9:29 am

Former President Donald Trump has pledged to end President Joe Biden's 'war on crypto' during a campaign speech in Wisconsin. This marks a significant shift in Trump's stance on cryptocurrencies, as he now positions himself as a pro-crypto candidate. The announcement has led to a 27% surge in the price of MAGA Coin.

Portfolio Pulse from Aniket Verma

June 19, 2024 | 3:07 am

On Tuesday, major U.S. indices closed in positive territory. Nvidia, Trump Media & Technology, Arm Holdings, Chewy, and Tesla were the top stocks that gained attention. Nvidia's stock surged by 3.51%, Trump Media's stock plummeted by 9.82%, Arm Holdings' shares rose by 8.63%, Chewy's stock increased by 13.85%, and Tesla's stock fell by 1.38%.

Portfolio Pulse from Benzinga Neuro

June 19, 2024 | 1:53 am

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading lower after the U.S. SEC declared the effectiveness of a registration statement on Form S-1, allowing the resale of certain shares and warrants. The stock fell 9.82% during the regular session and an additional 13.93% after-hours.

Portfolio Pulse from Erica Kollmann

June 18, 2024 | 9:12 pm

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

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