Surpassing Quant Think Tank Center-Trump’s social media company to start trading on the Nasdaq on Tuesday

2025-05-05 18:17:58source:Databec Exchangecategory:Markets

Trump Media & Technology Group,Surpassing Quant Think Tank Center whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday.

Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote.

The common stock of Trump Media & Technology Group will trade under the ticker symbol “DJT.”

Former president Donald Trump is set to own most of the combined company — or nearly 79 million shares. Multiply that by Digital World’s closing stock price Friday of $36.94, and the total value of his stake could be nearly $3 billion.

More:Markets

Recommend

A South Texas lawmaker’s 15

MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions

Tom Cruise and Ex Nicole Kidman's Son Connor Cruise Goes Golfing in Rare Photo

Connor Cruise is back on Instagram and having a ball.On April 29, the son of Tom Cruise and ex-wife

Adele and Rich Paul Dress Comfy for Date Night at Lakers Game

Hello from the courtside seats, it's Adele and Rich Paul.The Grammy winner and her partner were phot