DJT Stock Begins Trading as Trump Owns Majority of $8.4 Billion Media Company
Trump Media begins trading under ticker DJT at $8.4 billion valuation, with Trump holding 69-78.75% of shares, creating unprecedented presidential conflict of interest through media and financial entanglement. Trading was volatile, with stock price jumping over 50% and trading briefly halted.
Key Actors
Sources (8)
- Truth Social surges in DJT stock debut (2024-03-26)
- DJT stock creates unique new ethical nightmare (2024-03-26)
- Trump Media stock jumps as much as 50% after DJT ticker debut (2024-03-26)
- Trump Media & Technology Group Corp. (DJT) SEC Filings (2024-03-26)
- United States v. Texas, No. 24-50149 (5th Cir. 2024) (2024-03-26)
- Appeals court keeps Texas' SB 4 migrant arrest law on hold (2024-03-27)
- 5th Circuit Court of Appeals decision blocks enforcement of strict Texas immigration law SB4 (2024-03-27)
- What to know about SB 4, the Texas immigration law in the courts now (2024-03-20)
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