Trump Media breached an agreement with one of the investors that helped the company go public and must grant the sponsor a larger share of stock, a judge ruled. The blank-check firm DWAC underestimated the amount of stock that investor ARC Global should get following the merger that took Trump Media public, the judge ruled.
Shares of Donald Trump's media company fell for a second session on Tuesday ahead of the end of restrictions on share sales by the former U.S. president and other insiders.
Donald Trump registered his shares for potential sale in April, but the GOP presidential nominee said last week won't sell when lockup provision ends as early as Friday.
Trump Media stock resembles more of a meme stock than a long-term investment. Since Joe Biden announced he wasn't running for reelection, shares of Trump Media have plummeted by 50%.
Former president Donald Trump launched his cryptocurrency venture Monday evening and spoke publicly for the first time on the recent apparent assassination attempt.
For over a month, Republican former President Donald Trump and his family have been pumping up a secretive Trump Organization crypto project, promising that it will do many things at once.
Trump Media & Technology Group DJT plunged 51.21% in the past six months and 24.72% in just the last month — living up to its "meme stock" status.
Shares of former President Trump's media company were choppy on Monday, the day after a second would-be assassin made an attempt on the former president's life.
Shares of Trump Media slid on Monday, one day after Donald Trump — the company's majority shareholder — was unharmed in an apparent assassination attempt on a Florida golf course. The incident was just two months and two days after Trump survived an assassination attempt at a campaign rally in Butler, Pennsylvania July 13.
In a turn of events uncomfortably similar to the 19th-century wave of anarchist attacks on European royalty, U.S. security forces prevented a second assassination attempt on former President Donald Trump on September 15.
After another failed assassination attempt against former United States president and current candidate for the presidential seat, Donald Trump, the stock market, particularly the stocks of Trump Media (NASDAQ: DJT), have reacted by skyrocketing in price.
The FBI said it is investigating an assassination attempt which left the ex-president unhurt.