Streetbeat News

DJT

Trump Media & Technology Group Corp.

https://tmtgcorp.com

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

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

Trump Media & Technology Group Corp (NASDAQ:DJT) shares are trading lower after the company filed an amended S-1 with the SEC for the issuance of up to 14.4 million common shares and resale of 146.1 million shares by selling stockholders. The company will not receive proceeds from the sale except for possible future warrant exercises.

Portfolio Pulse from Adam Eckert

June 10, 2024 | 5:56 pm

Trump Media & Technology Group has filed a prospectus for the issuance of up to 14.4 million common shares upon warrant exercise and the resale of 146.1 million shares by selling securityholders, including 78.8 million shares held by President Trump. The company will not receive any proceeds from the sales by securityholders.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:55 pm

Mike Johnson is seeking GOP votes for a bill that would allow current or former presidents to move state-level charges to federal court. This bill, named the 'No More Political Prosecutions Act,' is introduced in response to Donald Trump's New York conviction.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 6:54 pm

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading slightly lower in the premarket session on Friday. The company has sent its fourth congressional letter addressing potential stock manipulation, citing persistent failures to deliver (FTDs) and possible illegal 'naked' short selling. Recent SEC data shows high FTDs for DJT, prompting the company to request Electronic Blue Sheet data from several financial firms.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2024 | 12:22 pm

Trump Media & Technology reported that recent SEC data for May 1-15 shows that Failures to Deliver (FTDs) for DJT remain significantly high. FTDs exceeded one million shares on seven out of ten trading days, and on three days, they exceeded two million shares.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:41 pm

Trump Media & Technology has sent a fourth letter to the Chairmen of several U.S. House Committees to follow up on previous letters concerning potential stock manipulation.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:33 pm

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