Charts

News

27 Mar, 2024
The newly public social media company jumped on its second trading day.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Despite being the most heavily shorted SPAC in the U.S., Trump Media & Technology Group, behind the Truth Social platform, has seen its stock surge.
Meme stocks have wiggled their way back into Wall Street conversations as social media companies Trump Media & Technology Group (DJT) and Reddit (RDDT) began trading at high valuations despite the companies actively losing money. Public COO Stephen Sikes and Interactive Brokers Chief Strategist Steve Sosnick join Yahoo Finance to discuss the renewed interest in meme stocks, FOMO investing, and what investors need to keep in mind when considering chasing this trend. Sosnick explains his rubric for the hallmarks of a meme stock: "Number one is sort of a quasi-religious fervor. It's one thing to be enthusiastic about a stock. It's another thing to just be so hyped up about it. Think about how the real apes were in AMC (AMC), the real devotees in GameStop (GME) early on. Certainly one could say that about the former president's base, who I think has helped getting DJT stock moving. Second, and sort of part and parcel with this, is disregard for fundamentals. If you're believing in the faith of the stock, if you have... a non-analytical view of the stock, then you can disregard the fundamentals." Sikes breaks down one of the reasons behind the increased activity behind these stocks: "Retail investors really love to follow trades that they are familiar with. Companies they know, companies they understand, and you know, familiarity can come from again them being customers that use the products or even learning about it on social media or Reddit like we've seen with this sort of meme stock trade. So, I think that level of familiarity really drives retail investor interest." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Nicholas Jacobino
It's another big day for meme stocks.  GameStop (GME) shares fell sharply at the open after the video game retailer reported disappointing fourth-quarter results.  One stock on the rise is Trump Media & Technology Group (DJT). The parent company of social media site Truth Social soared for a second day after officially merging with Digital World Acquisition Corp. and adopting the new name and ticker.  For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Stephanie Mikulich.
The cash-strapped Donald Trump would benefit from tapping his billions in new paper wealth generated by DJT. But he might have no choice but to wait.
The latest investor updates on stocks that are trending on Wednesday.
04:30
FinancialContent
The first day out for DJT was a smashing success, although I’d quietly point out that when DWAC was trading back in October 2021, it was substantially higher. All the same, this has been a very powerful stock for months.
26 Mar, 2024
Strong short interest in Trump's public media company Truth Social suggests a gloomy view of its future.
How can a company with $3 million in revenue be worth over $9 billion?
Trump Media & Technology Group started trading on the Nasdaq Tuesday and shot up more than 40%. Since the company loses money and has other issues, short sellers are interested. Also, since it is trading like a meme stock that is unhinged from economic fundamentals, it could trade even higher and that would create big losses for short sellers.
20:50
FinancialContent
The former president's media company got a warm response in its SPAC merger today.
Shares of Trump Media & Technology Group surged at the open on Tuesday. Donald Trump is set to benefit from the rise in value of the company that houses his Truth Social platform as it starts trading on the public market.
Donald Trump's social media platform Truth Social made its Nasdaq debut on Tuesday.
Trump Media stock surged Tuesday after going public on the Nasdaq, trading under the tickers DJT and DJTWW.
The stock market is trading at all-time highs, and "meme stocks" seem to have returned to the picture. Former Trump Media & Technology Group began trading on Tuesday under the ticker DJT. While the company lost $49 million in the first months of the year, the valuation of the stock is currently trading at almost $9 billion. Yahoo Finance Reporters Alexandra Canal and Josh Schafer join the Live show to define what meme stocks are and Trump Media's performance as a potential meme stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Trump Media & Technology Group (DJT) — the parent company of Former President Donald Trump's Truth Social — is seeing intraday gains of over 40% in its first day of trading since premiering on the Nasdaq (^IXIC) Tuesday morning. Yahoo Finance Live monitors Trump Media's soaring stock price ahead of Tuesday's closing bell, weighing in on the company's reported revenue. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
19:12
FinancialContent
While monetary conditions are hardly as loose right now, it is nonetheless apparent that we have been in a market that has been driven by momentum.
A media company founded and majority owned by former President Donald Trump went public Tuesday with shareholders approving a merger ...
Donald Trump has entered the ranks of the world’s 500 richest people after shares in his social media company surged on their Wall Street debut.
In an interview with Fox News reacting to the reduced bond facing Former President Donald Trump, Kevin O'Leary said, "Thank Goodness the ...
Former President Donald Trump has joined the ranks of the biggest billionaires in the world, thanks largely to his stake in a social-media company that just completed a merger with a blank check company.
Former President Donald Trump's newly merged media company, Trump Media & Technology Group, debuted on the NASDAQ (^IXIC) under the ticker DJT on Tuesday morning. The company owns the social media platform Truth Social. The merger took place under a Special Purpose Acquisition Company (SPAC) deal. Yahoo Finance Reporters Alexandra Canal and Rick Newman join the Live show to break down the latest developments for Trump and the company. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Investors eager to support former President Donald Trump’s social media venture, Truth Social, may face disappointment, according ...
~ Trading Commences Following Successful Closing of Business Combination with DWAC ~ SARASOTA, Fla., March 26, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (“TMTG”), operator of the social media platform Truth Social, announced today that after successfully completing its business combination with blank check company Digital World Acquisition Corp. (NASDAQ: DWAC), trading of TMTG’s common shares will begin on the NASDAQ stock exchange today. At market open, the ticker symbol will swit
Stock Market Today: Dow Jones futures rose Tuesday. Cathie Wood purchased more than $28 million of Tesla stock.
(Reuters) -Shares of Donald Trump's Trump Media & Technology Group surged as much as 59% on Tuesday in their Nasdaq debut, lifted by the former U.S. president's supporters and providing him a potential windfall as he grapples with the costs of several legal cases. At its session high of $79.38 per share, TMTG's market capitalization crossed $10 billion on an undiluted basis, an astronomical valuation for a company that reported an operating loss of $10.6 million for the first nine months of 2023 on revenue of just $3.4 million. Trump's majority stake in TMTG was last valued at about $6 billion, although lock-up restrictions for six months could prevent him from selling or borrowing against his shareholding.
Shares ofTrump Media & Technology Group Corp.(NASDAQ:DJT) surgedin premarket tradingon Tuesday, ahead of its ...
The former president and current presumptive GOP presidential nominee should win big from this SPAC merger. But other investors could be smart to stay away.
On Monday, the Dow Jones Industrial Average dropped 0.4% to 39,313.64, while the S&P 500 slipped 0.3% to 5,218.19. The Nasdaq also ...
Former U.S. President Donald Trump‘s claims about the listing of his company, Trump Media & Technology Group, onthe New ...
25 Mar, 2024
23:36
FinancialContent
Looking at the charts, after Friday’s selloff and failure of the 50-daily moving average, today the price handily cleared back over it.
Redditors are buzzing about former President Donald Trump's social media platform, Truth Social, as it is set to become the second ...
Dow Jones Futures: Nvidia stock rallied near record highs Monday, while Donald Trump's social media platform will IPO Tuesday.
A long-awaited SPAC (special purpose acquisition company) merger was approved on Friday and will see Donald Trump's media company Trump ...
A judge has set April 15 as the trial date for one of former President Donald Trump‘s criminal cases, starting with the jury ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors in DWAC stock are set to approve a long-anticipated merger between the SPAC company and Trump Media & Technology Group. The post Dear DWAC Stock Fans, Truth Social Will Start Trading Tomorrow as DJT Stock appeared first on InvestorPlace. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out It doesn’t matter if you have $500 or $5 million. Do this now.
A New York appeals court ruled Monday that former President Donald Trump will have 10 more days to post an appeals bond for a ...
A highly anticipated SPAC merger between Digital World Acquisition Corporation (NASDAQ:DWAC) and Trump Media & Technology Group ...
Digital World Acquisition Corp (NASDAQ:DWAC) shares are trading higher Monday. The company announced late last week that shareholders ...
TMTG to Begin Trading on the Nasdaq Stock Market LLC on Tuesday, March 26, 2024 Under the Ticker Symbol "DJT"
On Friday, March 22nd, U.S. stock markets closed mixed, as the S&P 500 barely changed but recorded its biggest weekly rise of 2024 ...
Wall Street financier and prominent Republican donor, Jeff Yass, has reportedly been identified as a significant shareholder in the ...
In a development surrounding Donald Trump’s New York fraud case, Rep. Alexandria Ocasio-Cortez (D-N.Y.) has voiced concerns over ...
24 Mar, 2024
Former President Donald Trump needs immense cash to pay more than $450 million in legal bills. But the quadruple-indicted GOP ...
23 Mar, 2024
Former President Donald Trump is about to get richer by $3 billion thanks to the merger of his social media company Truth Social with ...
22 Mar, 2024
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Digital World shareholders voted to merge with Truth Social's parent, TMTG. But DWAC stock is still falling despite this news. The post DWAC Stock Alert: Shareholders Approve Truth Social SPAC Merger appeared first on InvestorPlace. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out It doesn’t matter if you have $500 or $5 million. Do this now.
MIAMI, FL / ACCESSWIRE / March 22, 2024 / Digital World Acquisition Corp. ("Digital World" or the "Company") announced today that the Company's stockholders voted to approve, among other things, the proposed merger (the "Merger" and together with the other transactions contemplated by the Merger Agreement, as defined below, the "Business Combination") of DWAC Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of the Company ("Merger Sub"), with and into Trump Media & Technology Group Corp., a Delaware corporation ("TMTG"), pursuant to an Agreement and Plan of Merger, dated as of October 20, 2021 (as amended by the First Amendment to the Agreement dated May 11, 2022, the Second Amendment to the Agreement, dated August 9, 2023, the Third Amendment to the Agreement, dated September 29, 2023, and as it may further be amended or supplemented from time to time, the "Merger Agreement").
Digital World Acquisition Corp. (NASDAQ:DWAC) shares are trading higher Friday as shareholders are set to vote on the proposed business ...
DWAC shareholders are scheduled to vote on Trump Media & Technology Group merger Friday.
21 Mar, 2024
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tomorrow will bring the merger vote for Digital World Acquisition Corp and Truth Social's parent company. But DWAC stock is still struggling. The post DWAC Stock: Stay Away From Volatile Digital World as the TMTG Merger Vote Looms appeared first on InvestorPlace. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out It doesn’t matter if you have $500 or $5 million. Do this now.
Digital World Acquisition Corp. (NASDAQ:DWAC) shares are trading slightly lower Thursday after climbing more than 17% Wednesday as ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Explore the breakout potential of Reddit stocks MSTR, MU, and CNG as they capture the attention of retail investors. The post Three Reddit-Fueled Stocks on the Verge of Breaking Out appeared first on InvestorPlace. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out It doesn’t matter if you have $500 or $5 million. Do this now.
In a post on Truth Social today, which is in the process of going public via a SPAC merger with Digital World Acquisition Corp. ...
Wednesday saw U.S. indices finishing positively, marked by the Dow Jones Industrial Average climbing by 1.03% to reach 39,512.13, while ...
20 Mar, 2024
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although Digital Word Acquisition is poised to launch a merger vote, DWAC stock faces internal resistance that makes things interesting. The post DWAC Stock: Why Digital World Is Up 20% Ahead of Merger Vote appeared first on InvestorPlace. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of “America’s Top Trader” Issues A.I. Code Red: Act Now or Miss Out It doesn’t matter if you have $500 or $5 million. Do this now.
Shares of Lifecore Biomedical, Inc. (NASDAQ: LFCR) fell sharply during Wednesday’s session after the company announced it ...
Digital World Acquisition Corp. (NASDAQ:DWAC) shares are trading higher Wednesday after former President Donald Trump's legal team filed ...
U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Wednesday. Shares of Sportradar Group AG (NASDAQ: SRAD) rose ...
DWAC shareholders are scheduled to vote on Trump Media & Technology Group merger on Friday.
In an interview with CNN, Kevin O'Leary of Shark Tank fame, said that the possibility of Donald Trump having his assets seized as a ...
Entrepreneur Mark Cuban has taken to social media to express his views on former President Donald Trump’s financial management, ...
19 Mar, 2024
Donald Trump built his wealth in real estate. After inheriting a portion of his father's real estate business, he expanded it through ...
Major U.S. indices ended in the green on Monday with the Dow Jones Industrial Average gaining 0.2% to 38,790.43 and the S&P 500 ...
On Monday, the stock of Digital World Acquisition Corp (NASDAQ:DWAC), the special-purpose acquisition company (SPAC) poised to launch ...

Related Articles