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  5. Trump's Social Media Company Surges in Nasdaq Debut, Reaches Market Value of Nearly US$6.8 Billion

Trump's Social Media Company Surges in Nasdaq Debut, Reaches Market Value of Nearly US$6.8 Billion

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On March 26, Trump Media & Technology Group Corp. was acquired by Digital World Acquisition Corp., resulting in a significant increase in market value. The initial market valuation of Trump Media was approximately $6.8 billion before trading began on the Nasdaq. The shares opened at $73.50, representing a 47% increase. Wall Street has assigned Trump Media an estimated valuation of around $13 billion.

  1. CACTV News
    1. Trump's social media company starts trading on Nasdaq with a market value of almost US$6.8 billion
  2. FRLe Monde
    1. Trump's social media company soars nearly 50% in its first day of trading on Nasdaq
  3. HKSouth China Morning Post
    1. Trump's social media company rises 40% in its Nasdaq debut

Trump Media & Technology Group

  1. Trump Media Company Sees Significant Stock Surge Following Assassination Attempt
  2. Truth Social Reports US$58 Million Loss, Shares Decrease for Trump's Company
  3. Investors Approve Public Offering for Trump's Truth Social Platform

sources

  1. 1.CTV News
  2. 2.Le Monde
  3. 3.South China Morning Post
  4. 4.CNN

perspectives

  1. 1.2024 US Presidential Election
  2. 2.Social Media

countries

  1. 1.United StatesUS

organizations

  1. 1.Digital World Acquisition Corp
  2. 2.FacebookUS
  3. 3.Similarweb
  4. 4.Trump Media & Technology Group
  5. 5.Truth Social
  6. 6.Gettr
  7. 7.Nasdaq
  8. 8.Parler
  9. 9.TikTokCN
  10. 10.Twitter/XUS
  11. 11.AMC
  12. 12.GameStop

persons

  1. 1.Donald TrumpUS
  2. 2.Jay Ritter
  3. 3.Jonathan Macey
  4. 4.Matthew Kennedy
  5. 5.Michael Ohlrogge

technicals

  1. 1.US Capitol
  2. 2.Android