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Trump Media shares gain in after hours as voting nears end for heated presidential election
CNBC· 2024-11-06 00:19
Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024. Shares in former President Donald Trump's media company pushed higher as voting wound down in the contentious election campaign Tuesday. In after-hours trading, Trump Media & Technology Group most recently were up about 4% in volatile and heavy trading. The stock, seen as a market proxy for the former president's prospects as he seeks a secon ...
Truth Social parent Trump Media posts third straight quarterly loss
New York Post· 2024-11-05 23:46
Former President Donald Trump’s media company reported a net loss of $19.2 million in the third quarter, due to legal fees and costs tied to its TV streaming deal.Trump Media & Technology Group said the figure includes $12.1 million in legal fees in the quarter, stemming from its acquisition of TV streaming technology in August and residual fees related to its SPAC deal in March. It was the company’s third straight quarterly loss since going public in March.It also reported $3.9 million in research and deve ...
DJT Stock Volatile On Election Day: Donald Trump's Media Company Reports Q3 Earnings, Growth Initiatives
Benzinga· 2024-11-05 22:34
Trump Media & Technology Group DJT reported third-quarter financial results after the market close Tuesday, the same day Donald Trump is facing off against Kamala Harris in the 2024 presidential election.What Happened: Trump Media & Technology Group announced third-quarter net sales of $1.01 million, down 6% year-over-year, according to data from Benzinga Pro.The company said all of its revenue came from advertising on the Truth Social platform in the quarter.The company reported a loss of 10 cents per shar ...
Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
CNBC· 2024-11-05 22:20
Republican presidential nominee and former U.S. President Donald Trump speaks at a campaign town hall meeting in Lancaster, Pennsylvania, U.S. October 20, 2024.Trump Media, which is experienced a flurry of trading activity Tuesday as a possible proxy for Donald Trump's presidency chances, revealed after the closing bell a loss for the third quarter along with a slight drop in already meager revenue.The Truth Social parent lost $19.2 million during the period while revenue fell 5.6% to just $1.01 million fro ...
TMTG Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-05 22:05
~ Ended Third Quarter with $673 Million in Cash/Investments and No Debt ~ ~ Activated Proprietary TV Content Delivery Network in Multiple Nodes Across the Nation ~ ~ Released Truth+ TV Streaming Apps for iOS, Android Devices and Connected TV Sets ~ ~ Exploring Further Growth Avenues Including Mergers/Acquisitions ~ SARASOTA, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) (“TMTG” or the “Company”), operator of the social media platform Truth Social, is announcing ...
Trump Media & Technology Group Corp.(DJT) - 2024 Q3 - Quarterly Results
2024-11-05 21:38
Financial and Operating Results Announcement - Trump Media & Technology Group Corp. announced its financial and operating results for the quarter ended September 30, 2024 [4] - The press release detailing the financial results was issued on November 5, 2024 [4] - The press release for the quarter ended September 30, 2024, is included as Exhibit 99.1 [3] Stock and Warrant Trading Information - The company's common stock is traded on The Nasdaq Stock Market under the symbol DJT [2] - The company's warrants are also traded on The Nasdaq Stock Market under the symbol DJTWW [2] Company Classification and Regulatory Information - The company is classified as an emerging growth company [3] - The information in the press release is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 [5] - The press release is not incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, unless expressly set forth by specific reference [5] Company Contact Information - The company's principal executive offices are located at 401 N. Cattlemen Rd., Ste. 200, Sarasota, Florida 34232 [1] - The company's telephone number is (941) 735-7346 [1]
Trump Media & Technology Group Corp.(DJT) - 2024 Q3 - Quarterly Report
2024-11-05 21:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-40779 Trump Media & Technology Group Corp. (Exact name of registrant as specified in its charter) Delaware 85-4293042 (State or ot ...
Trump Media shares rally on Election Day
Fox Business· 2024-11-05 21:01
Trump Media & Technology Group shares surged on Tuesday in an Election Day rebound as voters head to the polls to choose either majority shareholder former President Donald Trump or his opponent, Vice President Kamala Harris. The stock, which trades under the ticker DJT, is popular among retail traders and is seen as a speculative bet on Trump's chances of winning a second term in the White House. Trump Media shares jumped more than 14% in the Election Day rally, but have been volatile for weeks. The stock ...
Traders Lift—Then Drop—'DJT' Stock on Election Day
Investopedia· 2024-11-05 20:50
With hours to go before polls close Tuesday—and some longer number of hours until Americans know who the next president will be—traders in shares of former President Donald Trump's social-media company were having another wild day. Shares of Trump Media & Technology Group (DJT), majority owned by Trump, were recently about flat, shaking off double-digit gains seen earlier in the session. The move extended a run of wild trading that in recent days has seen the Truth Social parent company’s shares and market ...
Truth Social Stock Rises: Trump Net Worth Up $200 Million In Last Pre-Election Trading Session
Forbes· 2024-11-05 20:38
ToplineThe publicly traded social media company owned mostly by former President Donald Trump staged a minor rally Tuesday in a rocky final trading session ahead of polls closing.Trump appears at his rally in Grand Rapids, Michigan early Tuesday.AFP via Getty Images Key FactsShares of Trump Media & Technology Group, traded under the ticker $DJT in reference to Trump’s initials, rose as much as 18.6% to $40.74 by early afternoon, tacking on more than $600 million to Trump’s net worth at the time. But the st ...