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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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To: CFW

All the better;D


41 posted on 03/26/2024 9:00:00 AM PDT by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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To: CFW

If the stock goes to $2,333 per share, DJT will be the richest man on Earth. BUY!


42 posted on 03/26/2024 9:28:55 AM PDT by montag813
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To: Rightwing Conspiratr1
I predict the stock will crater when Trump sells his shares in August.

That's okay by me. I consider my investment a Trump donation. The only stock I ever bought for purely political reasons. If I profit by it, all the better, but it's worth it to me just to see the exploding heads of the Leftists as Trump increases his fortune by billions of dollars.

43 posted on 03/26/2024 9:44:04 AM PDT by SamAdams76 (6,575,474 Truth | 87,429,044 Twitter)
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To: CFW

Liberal tears

https://twitter.com/EdKrassen/status/1772628899098177842

Does anyone in their right mind really believe that Trump Media & Technlogoy Group Corp. (DJT) is valued at over $13 billion?

Truth Social and Trump Media had just $3.4 million of revenue through the first nine months of last year, and the company lost $49 million over that span.

Redditors on Robinhood likely won’t bid this thing up like they did with Gamestop. I expect a lot of hedge funds to be shorting this stock soon.

How many foreign governments will be manipulating this stock in order to try and get favors from Trump if he’s reelected?

Just imagine if Biden did this in 2020 right before he ran for election.


44 posted on 03/26/2024 9:54:36 AM PDT by janetjanet998 (Legacy media including youtube are the enemy of the people and must die)
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To: CFW

Bookmark


45 posted on 03/26/2024 10:09:29 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: CFW

Few minutes ago, his worth in this was 14 B.


46 posted on 03/26/2024 10:12:19 AM PDT by frnewsjunkie
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To: FreeReign

I saw one dude here throwing a hissy-fit over DJT’s Gold Sneakers. He’s probably not taking this well.


47 posted on 03/26/2024 10:22:16 AM PDT by Cold_Red_Steel
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To: SamAdams76

“”””That’s okay by me. I consider my investment a Trump donation. The only stock I ever bought for purely political reasons. If I profit by it, all the better, but it’s worth it to me just to see the exploding heads of the Leftists as Trump increases his fortune by billions of dollars.”””


Same for me. I bought DWAC on the first day it traded in 2021 and for the purpose of making a political contribution to DJT and have held those shares since I bought them.


48 posted on 03/26/2024 10:26:39 AM PDT by Presbyterian Reporter
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To: Bob434

I was in as DWAC and it changed today. Made my money and got out. Thank you Mr President!


49 posted on 03/26/2024 11:04:32 AM PDT by frogjerk (More people have died trusting the government than not trusting the government.)
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To: CFW

From Barron’s ‘...In afternoon trading, shares were up 45% to $72.48. That implies a valuation of about $9 billion for the company. To put that in context, Trump Media is now worth more than New York Times Co., which is worth about $7.1 billion. Donald Trump‘s more than 58% stake in DJT is worth about $5.2 billion...’

AHAHAHAHAHAHAHAHAHAH...!


50 posted on 03/26/2024 11:47:49 AM PDT by bugseye
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To: canuck_conservative

Liz probably bought a few so she could show up at the Board Meeting and harass him some more.


51 posted on 03/26/2024 12:54:16 PM PDT by silent majority rising (When it is dark enough, men see the stars. Ralph Waldo Emerson)
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To: CFW

When I try to look up DJT on the stock market, I get Dow Jones Transportation Average. I use several other symbols and they all work.

What am I doing wrong?


52 posted on 03/26/2024 12:55:39 PM PDT by gitmo (If your biography doesn't match your theology, what good is it?)
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To: silent majority rising

I hadn’t thought of that ... but she’ll be in hostile territory

And some will be looking to even things up ... “Oh sorry, Mrs. Cheney, for spilling my hot coffee all over you”


53 posted on 03/26/2024 3:13:39 PM PDT by canuck_conservative (NATO - now celebrating 75 successful years of keeping the Russian monsters out!!)
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To: frogjerk

good- Always like to see folks benefit-


54 posted on 03/26/2024 6:42:26 PM PDT by Bob434
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To: blackdog
So that was you?! Nice cup work.

Yep! Me.

And, I didn't coin the term 'cup'. I called it 'vaso' when I did it.

Also, look up who invented the wheel. But, you'll have to go back at least 20,000 years to find it.

And still, Trump hasn't paid me for the idea I gave him. Can you talk to him for me, please?
55 posted on 03/26/2024 7:27:49 PM PDT by adorno (CCH)
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To: canuck_conservative

SO MUCH WINNING ! ! ! !


56 posted on 03/27/2024 2:49:02 AM PDT by Texan4Life
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To: CFW; P-Marlowe

When they banned him on facebook, twitter, etc., little did they think they would make him 4 billion richer at the precise time he’d need those assets.

I sense the hand o God in this.


57 posted on 03/27/2024 3:47:37 AM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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To: CFW
Excerpts from the Truth Social Privacy Policy:
[I separated some sentences of each paragraph]

D. How We Use Information

(D.para1.1) We may use your User Registration Data, Account Information, Personal Data, and Personal Information, as well as data which we derive or infer from combinations of the foregoing, for a variety of purposes and situations, such as:

(D.para1.2) To facilitate the creation of and secure your Account on the Website or App.

(D.para1.3) To provide and improve the Website and App and to develop new products and services.

(D.para1.4) To customize and personalize the advertising and other content we deliver to you both on the Website and App and on other services offered by our publishing partners. We use this information to provide you with relevant and interesting advertising and other content.

(D.para1.5) To fulfill your requests for certain products and services, such as distributing electronic newsletters and enabling you to participate in surveys and public forums.

(D.para1.6) To send you information that you requested or agreed to receive.

(D.para1.7) To alert you to the latest developments and features on our Website and App and to notify you of administrative information, such as security or support and maintenance advisories.

(D.para1.8) To invite you to participate in events or special promotions related to products we think you may like or in which you may be interested.

(D.para1.9) To advertise and market to you, which includes sending promotional communications and advertisements.

(D.para1.10) To allow our business partners to offer you certain products, services or promotions.

(D.para1.11) To transfer Personal Data and Personal Information in the event of a merger, divestiture, restructuring, reorganization, dissolution, or other sale or transfer of some or all of our assets, whether as a going concern or as part of bankruptcy, liquidation, or similar proceeding.

(D.para1.12) To measure, analyze, and improve our services.

(D.para1.13.a) We do not sell or give your Personal Data or Personal Information to companies, including political candidates or campaigns, for their own marketing purposes without your permission.

(D.para1.13.b) We do use Personal Data and Personal Information, however, to contact you, provide you with technical support, send you notices about the Website and App or other promotional offers you have elected to receive, and to serve you with ads that are more relevant to your interests.

(D.para1.13.c) If you provided your Personal Data or Personal Information as part of your use of the Website, the App or your Account, we may use your Personal Data or Personal Information to update you on new features and products.

(D.para1.13.d) You may contact us at any time to request that we cease using your Personal Data or Personal Information.

- - -

K. Security Measures

(K.para1.1) When necessary, we have implemented security measures designed to protect against the loss, misuse, and alteration of the information we collect or receive from you.

(K.para1.2) Nevertheless, no security measures are impenetrable and there are always security risks.

(K.para2.1) We will use the information we collect in ways that are relevant and compatible with the purpose for which that information was collected or provided to us as disclosed in this Policy.

(K.para2.2) We will use safeguards to ensure that all information collected, processed, and/or stored is protected from loss, destruction, or use in a manner inconsistent with our policies or the purpose for which we received it.

(K.para3.1) Our Website and App, as well as advertisements on our Website and App, may include links to other websites whose privacy practices may differ from ours.

(K.para3.2) If you submit Personal Information and Personal Data to any of those websites, the privacy statements and practices of those websites govern their use of your information.

(K.para3.3) Please be sure to review the privacy statement of any website you visit.

(K.para4.1) Other third parties or advertisers may utilize framing techniques to serve content to and from webpages accessible through our Website and App while preserving the look and feel of our website.

(K.para4.1) Please note that you may be providing your Personal Information and Personal Data to this third-party (and not to us) in this situation.

- - -

M. California Consumer Privacy Act of 2018 (CCPA)

These rules apply solely to all visitors, users, and others who are residents of the State of California (“California residents”). We adopt these rules to comply with the California Consumer Privacy Act (“CCPA”) and any terms defined in the CCPA have the same meaning when used here.

[Much more to read, about California and other info.]

- - -

58 posted on 03/27/2024 6:46:06 AM PDT by linMcHlp
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To: linMcHlp

March 28, 2024, at the close, DJT:
61.96
-4.26
-6.43%


59 posted on 03/28/2024 8:28:23 PM PDT by linMcHlp
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To: linMcHlp

I got this email from Truth Social today:

Dear valued Truth Social user,

Your account was inadvertently banned due to a bug in our bot mitigation system that mistakenly identified your account as a bot. We apologize for the error and have fully reinstated your account.

If you’re experiencing issues please log out, close out the app and then log back in upon reopening the app.

Thank you for being part of the Truth Social community. Happy Truthing!

Sincerely,

The Truth Social Team


60 posted on 04/10/2024 11:53:21 AM PDT by Texan4Life
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