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Trump's Truth Social stock soars in first day of trading
Yahoo Finance ^ | 3/26/24 | Alexandra Canal

Posted on 03/26/2024 7:00:29 AM PDT by CFW

Donald Trump's social media platform Truth Social (DJT) surged more than 50% in its first day of trading on the Nasdaq Tuesday morning.

Shares of Trump Media & Technology Group, Truth Social's parent company, were trading above $75 under the ticker symbol "DJT," Trump's initials, just after the market open.

The company merged with special purpose vehicle Digital World Acquisition Corp. (DWAC) in a deal approved by shareholders last week. Prior to the merger, DWAC had been on the public market since 2021.

Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. He has since been reinstated on the platforms.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: djt; presdjtrump; stocks; trump; truthsocial
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The left is definitely not going to like this.
1 posted on 03/26/2024 7:00:29 AM PDT by CFW
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To: CFW

Nice he could get his initials as the ticker symbol

Share price doubled today, and will probably still go up more

He’ll have several more billions of dollars wealth by the end of the week! Winning!!!


2 posted on 03/26/2024 7:03:48 AM PDT by canuck_conservative (NATO - now celebrating 75 successful years of keeping the Russian monsters out!!)
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To: CFW

Didn’t Letitia James and the crackpot Judge tell Trump not to make money ? LOL


3 posted on 03/26/2024 7:05:10 AM PDT by butlerweave
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To: CFW

Ooooh doggie. Lovin the ride


4 posted on 03/26/2024 7:05:50 AM PDT by spacejunkie2001
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To: CFW

How many got in on it before it went, or soon after it went public?


5 posted on 03/26/2024 7:08:01 AM PDT by Bob434
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To: CFW

DJT media owes me at leat a billion dollars, because, I was the first one to suggest that he open his own Twitter/Facebook competition, after they kicked him off those sites. ;)


6 posted on 03/26/2024 7:09:09 AM PDT by adorno (CCH)
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To: canuck_conservative

A few of us FReepers bought some shares of DJT already.


7 posted on 03/26/2024 7:10:14 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: CFW

I’ve been averaging in since the beginning and am up bigly! To the moon!


8 posted on 03/26/2024 7:10:40 AM PDT by ArcadeQuarters (You can't remove RINOs by voting for them!)
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To: Bob434

I’ve been sitting on it for nearly 2 years as DWAC - rode it down and kept adding on the way. Most of it’s in warrants which now that the merger is finalized will provide a better rate of return.


9 posted on 03/26/2024 7:12:41 AM PDT by reed13k
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To: Bob434
How many got in on it before it went, or soon after it went public?

Many FReepers did, when it was trading under the ticker DWAC (which became available for purchase to the public in 2021). Our shares are now trading under the ticker DJT.
10 posted on 03/26/2024 7:12:45 AM PDT by Dan in Wichita
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To: adorno

And I bet you were the first guy to tear a sip hole in your coffee cup lid!? Add that billion and you’re pretty much set.


11 posted on 03/26/2024 7:14:31 AM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
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To: CFW
The left is definitely not going to like this.

There are a few here who have been trashing DWAC, who won't like this either.

12 posted on 03/26/2024 7:15:34 AM PDT by FreeReign
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To: butlerweave

Did Letitia James and Judge Engoron buy shares in DJT?


13 posted on 03/26/2024 7:16:23 AM PDT by silent majority rising (When it is dark enough, men see the stars. Ralph Waldo Emerson)
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To: CFW

So I guess his stake is now worth up to 5 billion. Good for the Donald!


14 posted on 03/26/2024 7:17:22 AM PDT by hinckley buzzard ( Resist the narrative. )
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To: CFW

Hopefully mass liberal suicides will follow.


15 posted on 03/26/2024 7:19:42 AM PDT by Hyman Roth
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To: blackdog

Look up all my posts from that time. I really was the first to suggest that Trump create the social media site of his own. ;) Coffee cup? Maybe not, but, I was the first to use a cup to drink out of. Look me up from a few thousand years ago.


16 posted on 03/26/2024 7:22:32 AM PDT by adorno (CCH)
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To: canuck_conservative

“Nice he could get his initials as the ticker symbol”

His second under DJT.


17 posted on 03/26/2024 7:22:39 AM PDT by TexasGator
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To: Bob434
How many got in on it before it went, or soon after it went public?

I wonder how many Congress critters using their inside information invested in this, including several who have made it their life mission to destroy Donald Trump? It would be easy enough to hide their identities so they have plausible deniability as they ride the gravy train. None of them have enough morals to prevent them from chasing after what they would see as dirty money. Hunter Biden and Myth Romney probably invested to diversify their Ukrainian holdings.

18 posted on 03/26/2024 7:23:41 AM PDT by CommerceComet ("You know why there's a Second Amendment? In case, the government forgets the first." Rush Limbaugh )
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To: Bob434

I got in on day one back in 21. I own a lot in the scheme of things but it’s been a treacherous run I can tell you that


19 posted on 03/26/2024 7:26:46 AM PDT by spacejunkie2001
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To: silent majority rising

Someone should ask Liz Cheney or Hillary if they own any shares in DJT

Then watch them lash out ...


20 posted on 03/26/2024 7:26:53 AM PDT by canuck_conservative (NATO - now celebrating 75 successful years of keeping the Russian monsters out!!)
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