Trump's social media company surges in trading debut in a big boost to Trump's wealth
Posted on AllSides March 26th, 2024
From The Left
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Trump's social media venture soared as much as 59% in its trading debut on Tuesday delivering a potential windfall of billions of dollars to the former president's net worth.
Trading in Trump Media and Technology Group, the company behind the Truth Social app, was so frantic that it was briefly halted at one point. It's trading under the stock symbol DJT, or short for Donald J. Trump.
The surge in shares values a company that had just over $3 million in sales and lost nearly $50 million through the first...
