The Truth Social parent was on track to wipe out Monday's gains early Tuesday as the stock remained volatile.
President-elect Donald Trump picked immigration hard-liner Tom Homan as his "Border Czar." Homan, the former acting director of U.S. Immigration and Customs Enforcement, has advocated for mass deportations of undocumented immigrants.
Trump Media needs to set its sights beyond Donald Trump.
“The government ethics program is dead,” says former Office of Government Ethics director.
The stock was volatile ahead of last week's election, and nothing much has changed on that front since Donald Trump was declared the winner.
Will Donald Trump sell shares of Truth Social's parent company? On Friday, the president-elect gave a resounding no.
Donald Trump is calling for an investigation of those who spread “fake rumors or statements” that he plans to sell shares in Truth Social, his social media platform.
President-elect Donald Trump said on social media Friday he has “no intention of selling” his shares of Trump Media & Technology Group, Truth Social's parent company, despite rumors and false statements he claims are circulating, and shares of the company immediately jumped 4%.
Shares of Trump Media soared on Friday after President-elect Donald Trump reiterated that he has no intention of selling his stake in the company behind Truth Social. He also called for an investigation into those spreading contrary rumors.
Quite ironically, once Trump Media (NASDAQ: DJT) is excluded, one would be hard-pressed to find a stock that hasn't seen a massive rally in the wake of Donald Trump's reelection as the President of the United States.
Traders appear to be taking profit after making a quick buck betting on a Trump election victory.
Investors accuse Florida businessman Patrick Orlando of diverting millions of Trump Media shares from them. Orlando was the CEO of the blank check firm that helped take Trump Media public.