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Too bad we can't invest in DJT media company

Trump’s Social Media Company Jumps 32% As It Begins to Trade Tuesday on Nasdaq

Trump’s social media company DJT jumped 32.1% in morning trading as it began to trade Tuesday on Nasdaq.Shares of the blank-check company merging with former president Donald Trump’s social media star

Trump’s Social Media Company Jumps 32% As It Begins to Trade Tuesday on Nasdaq

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The stock more than recouped the 14% drop on Friday when the deal’s shareholder vote passed as expected. Warrants tied to the SPAC were up 26% to $23.15, the highest in two years.</p><p style=\"text-align: start;\">The merger could potentially hand Trump more than $5 billion worth of shares, though they would be subject to lock-up agreements and performance requirements that may temporarily hinder his ability to monetize the stock and ease his present cash crunch.</p><p>Digital World Chief Executive Officer Eric Swider will become a director of the merged company, which will be led by Devin Nunes, a former California Representative who left Congress to become CEO of Trump Media, the statement showed.</p><p>The windfall may come at a critical time for Trump who earlier this month became the presumptive Republican presidential nominee. He’s paying millions of dollars a month to fund his ongoing legal troubles. Trump is set for the first of his criminal trials on April 15, a judge ruled.</p><p style=\"text-align: start;\">Separately, Trump was ordered by a different judge last month to pay $454 million after a civil ruling that he had fraudulently inflated his wealth for years. While a New York appeals court agreed on Monday to slash the amount the former president would have to put up as a bond in while he contests the verdict, he is still required to post $175 million within 10 days.</p><p style=\"text-align: start;\">The special-purpose acquisition vehicle has more than doubled this year as investors use it as a way to bet on Trump’s push for re-election. The stock has been a favorite among the retail-trading crowd since the deal was announced in 2021 with posts across Stocktwits and Reddit Inc.’s WallStreetBets forum encouraging people to buy shares.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump’s Social Media Company Jumps 32% As It Begins to Trade Tuesday on Nasdaq</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump’s Social Media Company Jumps 32% As It Begins to Trade Tuesday on Nasdaq\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-03-26 21:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Trump’s social media company DJT jumped 32.1% in morning trading as it began to trade Tuesday on Nasdaq.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f1d2e44c0033da8b8cec2f47224b6d63\" tg-width=\"843\" tg-height=\"622\"/></p><p>Shares of the blank-check company merging with former president Donald Trump’s social media startup surged 35% Monday, after the combined firm announced it is set to begin trading Tuesday, potentially bringing him a financial windfall.</p><p style=\"text-align: start;\">Trump Media &amp; Technology Group is expected to trade on the Nasdaq under the symbol DJT after completing a deal with Digital World Acquisition Corp., according to a statement, following more than two years of snags.</p><p style=\"text-align: start;\">DWAC shares soared to $49.95 each on Monday in the biggest one-day gain since January, according to data compiled by Bloomberg. The stock more than recouped the 14% drop on Friday when the deal’s shareholder vote passed as expected. Warrants tied to the SPAC were up 26% to $23.15, the highest in two years.</p><p style=\"text-align: start;\">The merger could potentially hand Trump more than $5 billion worth of shares, though they would be subject to lock-up agreements and performance requirements that may temporarily hinder his ability to monetize the stock and ease his present cash crunch.</p><p>Digital World Chief Executive Officer Eric Swider will become a director of the merged company, which will be led by Devin Nunes, a former California Representative who left Congress to become CEO of Trump Media, the statement showed.</p><p>The windfall may come at a critical time for Trump who earlier this month became the presumptive Republican presidential nominee. He’s paying millions of dollars a month to fund his ongoing legal troubles. Trump is set for the first of his criminal trials on April 15, a judge ruled.</p><p style=\"text-align: start;\">Separately, Trump was ordered by a different judge last month to pay $454 million after a civil ruling that he had fraudulently inflated his wealth for years. While a New York appeals court agreed on Monday to slash the amount the former president would have to put up as a bond in while he contests the verdict, he is still required to post $175 million within 10 days.</p><p style=\"text-align: start;\">The special-purpose acquisition vehicle has more than doubled this year as investors use it as a way to bet on Trump’s push for re-election. The stock has been a favorite among the retail-trading crowd since the deal was announced in 2021 with posts across Stocktwits and Reddit Inc.’s WallStreetBets forum encouraging people to buy shares.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJT":"特朗普媒体科技集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107347244","content_text":"Trump’s social media company DJT jumped 32.1% in morning trading as it began to trade Tuesday on Nasdaq.Shares of the blank-check company merging with former president Donald Trump’s social media startup surged 35% Monday, after the combined firm announced it is set to begin trading Tuesday, potentially bringing him a financial windfall.Trump Media & Technology Group is expected to trade on the Nasdaq under the symbol DJT after completing a deal with Digital World Acquisition Corp., according to a statement, following more than two years of snags.DWAC shares soared to $49.95 each on Monday in the biggest one-day gain since January, according to data compiled by Bloomberg. The stock more than recouped the 14% drop on Friday when the deal’s shareholder vote passed as expected. Warrants tied to the SPAC were up 26% to $23.15, the highest in two years.The merger could potentially hand Trump more than $5 billion worth of shares, though they would be subject to lock-up agreements and performance requirements that may temporarily hinder his ability to monetize the stock and ease his present cash crunch.Digital World Chief Executive Officer Eric Swider will become a director of the merged company, which will be led by Devin Nunes, a former California Representative who left Congress to become CEO of Trump Media, the statement showed.The windfall may come at a critical time for Trump who earlier this month became the presumptive Republican presidential nominee. He’s paying millions of dollars a month to fund his ongoing legal troubles. Trump is set for the first of his criminal trials on April 15, a judge ruled.Separately, Trump was ordered by a different judge last month to pay $454 million after a civil ruling that he had fraudulently inflated his wealth for years. While a New York appeals court agreed on Monday to slash the amount the former president would have to put up as a bond in while he contests the verdict, he is still required to post $175 million within 10 days.The special-purpose acquisition vehicle has more than doubled this year as investors use it as a way to bet on Trump’s push for re-election. 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