Monday, March 25, 2024

Trump Media & Technology Group Will Trade On the Stock Market Tuesday

STEFANI REYNOLDS AFP Via Getty Images

People can show their support for  President Donald J. Trump by buying some of his social media stock that will be sold, beginning on Tuesday.

Trump Media & Technology Group, the parent company of Truth Social (Donald Trump's social media platform) will have an opening stock price on Tuesday at $49.95 on the Nasdaq stock exchange with the new social media ticker: DJT.

Truth Social's parent company will have a market value of approximately $5.5 billion when it starts trading and Trump's stake will be worth about $3 billion.

Trump owns 79 million of the 135 million shares that will be outstanding Tuesday. Those shares have handed Trump a crucial lifeline in posting bond as he appeals the civil fraud judgment against him. 

Stock trading information can be found on the websites for E-Trade and Charles Schwab at the below links.

CLICK HERE TO SEE E-TRADE INFORMATION.


CLICK HERE FOR CHARLES SCHWAB INFORMATION.