Trump Media & Technology Group Corp.(DJT)

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Trump Media falls more than 11% as broader sell-off intensifies
CNBC· 2025-03-10 19:02
In this articleDJTAnna Barclay | Getty ImagesShares of Trump Media dropped more than 10% in intraday trading Monday, accelerating the company's downward slide since President Donald Trump took office.The company behind Trump's preferred social media app Truth Social was trading below $20 per share around 3:00 p.m. ET — down about 50% from its closing price on Jan. 20, the day Trump was sworn in. Stock Chart IconStock chart iconTrump Media (DJT) Stock PriceMonday's sell-off put Trump Media on pace for its wo ...
Former Congressman George Holding Joins Trump Media Board
GlobeNewswire· 2025-03-07 21:05
Holding Fills Vacancy Left by Education Secretary Linda McMahon SARASOTA, Fla., March 07, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, has voted to appoint former Congressman George Holding to the TMTG Board of Directors. On the Board, Mr. Holding will replace Linda McMahon, who stepped down upon her appointment as Secretary o ...
Trump Media CEO Devin Nunes Pays Tribute to Lincoln Diaz-Balart
Newsfilter· 2025-03-03 20:19
Core Points - The statement from Devin Nunes, CEO and Chairman of Trump Media and Technology Group Corp. (TMTG), expresses condolences on the death of former Congressman Lincoln Diaz-Balart, highlighting his contributions as a freedom fighter and advocate for human dignity [1][2]. Company Overview - TMTG aims to combat Big Tech's censorship by providing platforms for free speech, including Truth Social, a social media platform, and Truth+, a TV streaming service focused on family-friendly content [2]. - TMTG is also launching Truth.Fi, a financial services and FinTech brand that will incorporate America First investment vehicles [2].
Trump Media CEO Devin Nunes Responds to Ruling on Brazil Attempts to Censor Rumble
GlobeNewswire· 2025-02-26 00:17
Core Viewpoint - The U.S. federal judge's ruling is a significant victory for free speech and online expression, affirming that foreign authorities cannot compel U.S. companies like TMTG and Rumble to censor content [2] Group 1: Legal Context - The ruling was in response to an emergency motion filed by TMTG and Rumble against Brazilian Supreme Court Justice Alexandre de Moraes, who had issued gag orders and threatened Rumble with fines and criminal charges [2] - The U.S. District Court for the Middle District of Florida stated that while the motion for a temporary restraining order was not yet ripe, TMTG and Rumble could re-file it and the court is prepared to take further action if necessary [2] Group 2: Company Overview - TMTG aims to combat Big Tech's censorship by providing platforms for free expression, including Truth Social, a social media platform, and Truth+, a TV streaming service [3] - The company is also launching Truth.Fi, a financial services and FinTech brand focused on America First investment vehicles [3]
Trump Media Files Preliminary Proxy Statement, Proposes Corporate Move to Florida
Newsfilter· 2025-02-21 22:20
Core Viewpoint - Trump Media and Technology Group Corp. (TMTG) is considering a proposal to reincorporate in Florida during its upcoming annual meeting, reflecting its commitment to the state and its business climate [1][2][3]. Group 1: Reincorporation Proposal - TMTG stockholders will vote on a proposal to reincorporate the company in Florida, where it has its principal place of business [2]. - The CEO and Chairman, Devin Nunes, emphasized the importance of aligning the company's legal home with its physical location to explore growth opportunities such as mergers and acquisitions [3]. Group 2: Annual Meeting Details - TMTG plans to hold its virtual annual meeting on April 30, 2025, subject to the filing of a definitive proxy statement [3]. - A preliminary proxy statement has been filed with the SEC, and a definitive proxy statement will follow to solicit proxies for the annual meeting [5]. Group 3: Company Overview - TMTG operates the social media platform Truth Social, the streaming service Truth+, and the FinTech brand Truth.Fi, aiming to provide a platform for free expression and family-friendly content [8].
Trump Media Board Votes to Advance Expansion Plans
GlobeNewswire News Room· 2025-02-21 13:30
Core Insights - The Board of Directors of Trump Media and Technology Group Corp. (TMTG) has approved the creation of a strategic acquisition fund to explore mergers, acquisitions, and partnerships [1][2] - TMTG aims to expand its presence in the America First Economy by partnering with other companies that can benefit from its technology and branding [2][3] - The company has launched its FinTech brand, Truth.Fi, which will include customized exchange-traded funds (ETFs) and separately managed accounts (SMAs), with an investment of up to $250 million to be managed by Charles Schwab [3][4] Company Overview - TMTG operates the social media platform Truth Social and the streaming service Truth+, focusing on free speech and family-friendly content [4] - The mission of TMTG is to counteract the perceived censorship by Big Tech and provide a platform for free expression [4]
ACVF – Conservative Values ETF – Rebalances Portfolio Adds: Trump Media (DJT), Olin (OLN), Sturm, Ruger (RGR) and Smith & Wesson (SWBI) to its portfolio
GlobeNewswire News Room· 2025-02-20 23:02
Core Viewpoint - The American Conservative Values ETF (ACVF) has rebalanced its portfolio to include companies that align with conservative values, emphasizing its commitment to fighting against what it perceives as the suppression of conservative voices and the infringement on Second Amendment rights [1][2]. Group 1: Portfolio Changes - As of February 19, 2025, ACVF added Trump Media, Olin, Sturm, Ruger, and Smith & Wesson to its portfolio [1][6]. - The fund currently excludes 37 companies that represent 30% of the S&P 500, including major corporations like Walt Disney, Blackrock, Google, and Amazon [2][6]. Group 2: Performance and Strategy - Since its launch in October 2020, ACVF has performed in line with the S&P 500 while strategically boycotting companies that promote a liberal agenda [2][3]. - The fund's management asserts that avoiding politically active companies does not compromise returns, but rather protects shareholder value [2][3]. Group 3: Investment Philosophy - ACVF aims to provide an investment alternative that reflects conservative political values, believing that politically active companies can negatively impact shareholder returns [3][4]. - The fund's managers emphasize a focus on meritocracy and shareholder value, avoiding companies that prioritize political agendas over financial performance [3][4].
Former Interior Secretary David Bernhardt Joins Trump Media Board of Directors
GlobeNewswire· 2025-02-20 21:05
Group 1 - The Board of Directors of Trump Media and Technology Group Corp. (TMTG) appointed David Bernhardt to replace Kash Patel, who stepped down after being confirmed as FBI Director [2][3] - TMTG CEO Devin Nunes highlighted Kash Patel's significant contributions to the company's growth and expressed excitement about Bernhardt's extensive background in governance and resource management [4] - Bernhardt previously served as the 53rd Secretary of the U.S. Department of the Interior, overseeing over 70,000 employees and managing U.S. public lands [4][5] Group 2 - TMTG operates the social media platform Truth Social, the streaming platform Truth+, and is launching a FinTech brand called Truth.Fi, aiming to provide alternatives to Big Tech [6] - The mission of TMTG is to promote free speech and provide a platform for expression amidst increasing censorship by major technology companies [6]
Trump Media Joins Rumble Lawsuit to Stop Censorship
GlobeNewswire· 2025-02-19 14:18
Core Viewpoint - The lawsuit filed by Trump Media and Technology Group Corp. (TMTG) and Rumble aims to challenge Brazilian Supreme Court Justice Alexandre de Moraes's gag orders that seek to censor a U.S.-based Brazilian user's political opinions, which TMTG argues violates free speech rights and U.S. laws [1][2]. Group 1: Legal Action - The lawsuit is filed in U.S. federal court in Tampa, Florida, to prevent the enforcement of gag orders that are perceived as attempts to suppress political expression [2]. - The gag orders require Rumble to suspend accounts, prohibit account creation, and turn over user information, along with imposing daily fines and potential shutdowns of Rumble [3]. Group 2: Company Commitment - TMTG emphasizes its commitment to free expression as a core mission, opposing any unjust demands for political censorship [3]. - TMTG operates Truth Social, a platform designed to provide a safe space for free speech amid increasing censorship from major tech companies, and is also launching Truth.Fi, a financial services brand [5].
Trump Media: A New Business Plan
Seeking Alpha· 2025-02-19 13:15
Group 1 - The author has been active in the markets for several years, focusing primarily on long/short equities [1] - The author holds a Bachelor of Science Degree in Finance and Accounting, with a minor in History, and has experience managing investment portfolios [1] - The author has completed internships at a large bank and in managing a university endowment [1] Group 2 - The article emphasizes the importance of conducting due diligence before making any investment decisions [3] - It is advised that investors consider seeking advice from a broker or financial adviser [3] - The content provided is intended as general information and should not be relied upon as a formal investment recommendation [3]