Truth Social's Stock Rises, Lifting Trump's Fortune -- WSJ

Dow Jones03-27

By Amrith Ramkumar

Shares of Truth Social's parent were up about 20% early Wednesday, adding to Donald Trump's gains from his stake in the company.

With the stock now trading at around $70, the company has the second best performing stock among the more than 500 businesses that have gone public in recent years by combining with special-purpose acquisition companies, or SPACs.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 27, 2024 09:41 ET (13:41 GMT)

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