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Trump’s Media Company Surges on First Trading Day
Newsmax ^ | Tuesday, 26 March 2024 04:18 PM EDT | By Matthew Goldstein and Joe Rennison

Posted on 03/27/2024 5:49:50 AM PDT by airdalecheif

Shares of Donald Trump's Trump Media & Technology Group surged nearly 50% on Tuesday in their Nasdaq debut, lifted by the former U.S. president's supporters and providing him a potential windfall as he grapples with the costs of several legal cases.

(Excerpt) Read more at newsmax.com ...


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At this range, that brings Trump Media’s market valuation to between $8 billion and $10 billion — more than dozens of iconic U.S. companies, including American Eagle Outfitters, Big Lots, Brunswick Corporation, Ingersoll Rand, Levi Strauss, Macy’s, Revlon, Shake Shack, Slack Technologies and Western Union.
1 posted on 03/27/2024 5:49:50 AM PDT by airdalecheif
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Watch for deranged media heads to imply that the explosive growth in DJT is an underhanded way to enrich President Trump’s campaign.


2 posted on 03/27/2024 5:55:22 AM PDT by Oscar in Batangas (An Honors Graduate from the Don Rickles School of Personal Verbal Intercourse)
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To: airdalecheif

GREAT


3 posted on 03/27/2024 6:01:35 AM PDT by PGalt (Past Peak Civilization?)
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To: airdalecheif

DJT is driven by emotion and Trump enthusiasts. Sure, they want to make money but usually regular folks buy with their instinct and belief system. Same with selling. Get woke, sell. I know a few liberals and I know they wouldn’t buy DJT just out of spite.


4 posted on 03/27/2024 6:02:18 AM PDT by albie
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To: Oscar in Batangas

Saw yesterday that MSNBC is speculating that Trump is going to sell his shares making the stock worth nothing.


5 posted on 03/27/2024 6:04:18 AM PDT by mware
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To: mware

Next conspiracy theory that they will attempt to get Trump on will be regarding this stock. Mark my words.


6 posted on 03/27/2024 6:07:16 AM PDT by mware
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To: Oscar in Batangas

“...explosive growth in DJT is an underhanded way to enrich President Trump’s campaign...”

This could be awesome! People will be able to donate to Trump without identifying themselves or putting signs in their yards fearing reprisals and other nasty things the left does.


7 posted on 03/27/2024 6:07:26 AM PDT by quantim (Victory is not relative, it is absolute. )
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To: airdalecheif

Wait for it........yjr Deep State sues President Trump for violation of Securiteos and Excgange Laws....the purchase of these stocks is really a CAMPAIGN DONATION !

PAY IT ALL BACK TRUMP OR LETITsIA IS GONNA SUE ( Sarc.) BUahahahahahahahahahahahahahaha!


8 posted on 03/27/2024 6:13:10 AM PDT by Candor7 (Ask not for whom Trump Trolls,He trolls for thee!),<img src="" width=500</img><a href="">tag</a>)
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To: mware

I wouldn’t doubt the SEC has already opened an investigation for manipulation and false financial reports.


9 posted on 03/27/2024 6:15:27 AM PDT by shotgun
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To: mware
One might say....God's idea of "The Art of the Deal".

The timing is amazing.

Bet Judge Egor and Tich didn't sleep last night.

Also bet Obama, Kamala and Hillary called Tich to comfort her.

10 posted on 03/27/2024 6:17:23 AM PDT by Sacajaweau
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To: albie

I added DJT to my portfolio and will continue to add to it but the only question for serious investors is: is the company a good value? If it is there will be buyers if it isn’t the stock will languish.


11 posted on 03/27/2024 6:28:09 AM PDT by fatboy (')
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To: airdalecheif

All the best to Trump’s latest adventure. And FJB.


12 posted on 03/27/2024 6:33:33 AM PDT by bgill
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To: airdalecheif

How long until the SEC and every other federal agency halt trading and shut it all down?


13 posted on 03/27/2024 6:40:07 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: airdalecheif

Trump’s Media Company Surges

More power to ya brother a lot more.


14 posted on 03/27/2024 6:48:45 AM PDT by Vaduz
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To: airdalecheif

One candidate is now a Ticker Symbol, and the other is a snicker symbol


15 posted on 03/27/2024 6:53:53 AM PDT by HamiltonJay
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To: airdalecheif

I wonder what Trump’s cut is? Hope he is rolling in dough and can scoff at the courts demands for massive fines or judgements.


16 posted on 03/27/2024 6:55:59 AM PDT by Bob434
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To: airdalecheif

If he can do that for himself, he can do that for the USA!


17 posted on 03/27/2024 7:03:30 AM PDT by Savage Beast (Pray for the Enlightenment of the Democrats.)
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To: Bob434

Reports were his cut was worth like 3 or 3.5 Billion at the IPO price.

Of course he can’t liquidate it for a certain amount of time.

I honestly don’t know if Truth Social will be around in 5 years or not, but hey, congrats to those who do get a pay day from this.


18 posted on 03/27/2024 7:24:13 AM PDT by HamiltonJay
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To: airdalecheif

Bet Nancy bought some shares….


19 posted on 03/27/2024 7:24:50 AM PDT by wardamneagle
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To: airdalecheif

I bought a 3-figure stake some months ago. Will check its value when I get back into my account.


20 posted on 03/27/2024 7:26:06 AM PDT by jimfree (My 21 y/o granddaughter continues to have more quality exec experience than Joe Biden.)
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