Truth Social Acquisition Closes, Begins Trading as DJT Tuesday [Trump's Wealth Soars Billions]

Breitbart ^ | 3/25/24 | John Carney

[Avalon Memories]

The merger of Truth Social’s parent company and the special purpose company set up to acquire it was completed Monday.

Shares of the combined company, which will be named Trump Media & Technology Group (TMTG), are expected to begin trading on the Nasdaq stock exchange under the ticker symbol DJT.

TMTG, as a publicly traded company, will continue to be led by Chief Executive Officer, Devin G. Nunes, and its existing management team.

Shares of DWAC, the special acquisition vehicle, soared on Monday. At around noon, they were up by more than 20 percent.

[pangaea6]

Short squeeze to the moon

[spacejunkie2001]

just wait, crybaby.

[Mr. Jeeves]

Truth Social has never made a profit. It’s only asset is Trump.

I'm not sure Facebook has either. It's only asset is its CIA controllers. :)

But that's the game these days - you have to own your own network to get your message out, whether it makes money or not.

[lodi90]

Truth Social has never made a profit. It’s only asset is Trump.

---

Regardless, politics has turned out to be quite profitable for President Trump. At this point it is basically the family business.

[Fuzz]

The family business has always been the brand of the Trump name. Nothing new.

[SamAdams76]

Devin Nunes may well be a billionaire.

[Captain Peter Blood]

But none of this helps Trump right this moment.

[Captain Peter Blood]

That guy did a terrible job trying to get truth social going as I remember. He wasn’t a very good choice for Trump to have picked.

[Avalon Memories]

Thanks, I will :)

[Avalon Memories]

Turned out OK, seems like.

[pollywog]

AMEN!!!

[thecodont]

Devin Nunes' loyalty to President Trump and MAGA has been richly rewarded and deservedly so.

With all the stories out there of people Trump trusted who then turned on him, this comes as very welcome and happy relief.

[Sacajaweau]

The Domino Effect...

[Maris Crane]

You are soooo right.

THIS is so great to read.

So shines a good deed in a naughty world.

[EQAndyBuzz]

DJT is after hour trading at 55.85. Picked up 100 shares for the heck of it.

[Tell It Right]

I just set up $1K purchase order within my Roth IRA.

[MomwithHope]

We have used our Roths too, very easy.

[janetjanet998]

Trading halted 3 mins in

$65

[linMcHlp]

Tuesday, March 26, 2024 at 9:58 EDT

DJT stock price at $72.20

[linMcHlp]

Tuesday, March 26, 2024 at 10:14 EDT

DJT stock price at $70.59