Sound Planning Group CEO David Stryzewski discusses what the early success of Trumps social media platform says about investors affinity for the 45th president on Varney & Co.
Trump Media & Technology Group’s (TMTG) stock price plunged by more than 15% on Monday after the parent company of former President Donald Trump’s Truth Social platform filed to sell millions more shares.
TMTG, which trades on the Nasdaq under the symbol “DJT,” said in an SEC filing it could issue an additional 21.5 million shares in the coming months.
The Truth social network logo is seen on a smartphone in front of a display of former President Donald Trump in this picture illustration taken Feb. 21, 2022. (REUTERS/Dado Ruvic/Illustration / Reuters Photos)
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DJT | TRUMP MEDIA & TECHNOLOGY GROUP CORP | 27.34 | -5.25 | -16.12% |
Trump Media & Technology Group
This is a developing story that will be updated.
