Key Parts
- Trump Media closed more than 15% higher.
- The astronomical bump for DJT adopted two days of fragment losses on the Nasdaq.
- Trump Media, which owns the Truth Social app, closed more than 14% decrease on Tuesday.
- Donald Trump owns with regards to 60% of the company’s shares.
Jonathan Raa | Nurphoto | Getty Photos
Trump Media closed more than 15% higher Wednesday.
The astronomical bump for DJT adopted two days of fragment losses on the Nasdaq.
Trump Media, which owns the Truth Social app, closed more than 14% decrease on Tuesday, and more than 18% on Monday.
On Wednesday, DJT shares closed at $26.40, a upward thrust of $3.56 per fragment, or with regards to fifteen.6% higher.
The corporate, whose majority shareholder is old President Donald Trump, started public purchasing and selling on March 26 with a gap tag of more than $70 per fragment.
Since then, the fragment tag has plummeted.
Trump Media, whose market capitalization is $3.6 billion, had income of exact $4.1 million last yr.
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