Trump Media stock jumps 39% after DJT ticker debut, brief trading halt on volatility PUBLISHED TUE, MAR 26 20249:06 AM EDTUPDATED 2 MIN AGO thumbnail Dan Mangan
KEY POINTS Trump Media & Technology Group soared in the first minutes of its NASDAQ debut, triggering a brief trading halt on volatility. It’s DJT ticker is the same one Donald Trump debuted nearly three decades ago for his hotel and casino company only to see it delisted from the New York Stock Exchange nine years later. Trump Media’s merger with the shell company Digital World Acquisition Corp. was completed Monday, allowing it to become publicly traded and almost $4 billion in paper profits to Donald Trump’s net worth. The company’s shares jumped Monday after a New York appeals court decreased from $454 million to $175 million the amount of a bond Trump would have to post to avoid the state attorney general collecting on a business fraud judgment while he appeals the case. https://www.cnbc.com/2024/03/26/trump-media-stock-ticker-djt-debuts-after-dwac-merger.html
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