Trump Media & Technology’s shares fell as much as 6% before paring losses on Friday after President-elect Donald Trump moved the stake he owns in the social media company to a revocable trust.The move comes after Trump said in November that he had no intention of selling his shares in the company, which owns the Truth Social media platform.Trump transferred 114.75 million shares, or 53% of Trump Media & Technology Group’s outstanding stock, to the revocable trust of which he is the sole beneficiary, accordi ...

President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening.Trump did not receive any money for the gift of the 114,750,000 shares of Trump Media to the Donald J. Trump Revocable Trust on Tuesday, according to a filing with the Securities and Exchange Commission.Trump Media, which trades under the DJT ticker, closed at $35.41 on Thursday, making the value of the transferred ...

Trump Media & Technology Group Corp DJT is drawing attention as its technical setup hints at a potential Golden Cross — a bullish signal that could spark investor excitement.Yet, the road ahead for DJT stock isn't without twists, much like the unconventional journey of its parent company.Golden Cross In Sight For DJT Stock? Chart created using Benzinga ProDJT stock's 200-day simple moving average (SMA) sits at $33.49, while its 50-day SMA has climbed to $33.26. With DJT trading at $36.25, the 50-day SMA cou ...

Trump Media & Technology DJT stock surged over 2% in premarket trading on Monday after President-elect Donald Trump picked Kashyap "Kash" Patel to lead the Federal Bureau of Investigation (FBI) over the Thanksgiving weekend. What Happened: Patel is currently a board member of Trump Media, a company primarily owned by Trump. The President-elect's pick to lead the FBI served in other national security roles between 2016 and 2020. Trump Media runs the social media platform, Truth Social. Trump Media CEO Devin ...

SARASOTA, Fla., Nov. 30, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (Nasdaq: DJT) ("TMTG") CEO Devin Nunes today issued the following statement following President-elect Trump's announcement of his intent to nominate TMTG board member Kash Patel as Director of the FBI: “An immensely talented lawyer and investigator with an unimpeachable devotion to our Constitution, Kash is a brilliant pick to serve as Director of the FBI. Kash and I worked closely together to expose the saboteurs within the In ...

Trump Media & Technology Group (DJT -0.23%) isn't profitable or generating much revenue, but the one thing it does have is cash, and it could soon put that to work. The company's business centers around its Truth Social platform, and it has been looking at expanding into other areas as well, including streaming video.And that may not be all, as the social media business appears to have its sights set on acquiring a cryptocurrency company, Bakkt Holdings (BKKT 2.59%).What is Bakkt Holdings?Bakkt operates a p ...

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, China, on Friday, May 8, 2020.Tron blockchain founder Justin Sun has invested $30 million into Donald Trump's crypto project, World Liberty Financial, he announced Monday. "We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor," Sun wrote in a post on X.Sun recently made national headlines when he spent $6.2 million at a Sotheby's auction for a banana duct-taped to a wall. ...

Trump Media & Technology Group Corp DJT boasts an 82.88% gain over the past year. Yet recent months have tested the resolve of its bulls, with a 30.17% dip over six months and a 9.45% slide in the last month.The Truth Social parent company is now exploring a cryptocurrency payment service, TruthFi, as reported by the Financial Times. Is this the diversification move the stock needs to regain its upward momentum?Read Also: Trump Media Trademark Filing For ‘TruthFi’ Hints At Potential Digital Wallets, Asset T ...

SARASOTA, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) --  Trump Media & Technology Group (Nasdaq: DJT) (“TMTG”) CEO Devin Nunes today issued the following statement following President-elect Trump's announcement of his intent to nominate TMTG board member Linda McMahon as Secretary of Education: "Linda is an extremely valuable board member who is amazing to work with and has been instrumental in helping TMTG navigate the capital markets, expand the Truth Social platform, and stand up our TV streaming service, Trut ...

Donald Trump will certainly be the next President of the United States, but the fate of his latest venture, Trump Media & Technology Group (NASDAQ: DJT) is less clear.Throughout 2024, DJT stock has seen wild price swings — particularly as the election drew close in tandem with neck-and-neck polling numbers. Not all of the developments were positive — at times, short interest was massive, the stock crashed by double digits, and trading was even halted twice.At press time, DJT shares were trading at  $32.78 — ...