After the debut on the Nasdaq stock exchange, the value of the shares of D. Trump’s social networking company increased significantly – Respublika.lt

After the debut on the Nasdaq stock exchange, the value of the shares of D. Trump’s social networking company increased significantly – Respublika.lt
After the debut on the Nasdaq stock exchange, the value of the shares of D. Trump’s social networking company increased significantly – Respublika.lt
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(1/1) Donald Trump with his wife. EPA-Elta photo. Download

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Donald Trump with his wife. EPA-Elta photo.

Trump Media & Technology Group’s Nasdaq debut has boosted its stock value, giving the embattled former president an opportunity to further line his pockets.

Trump Media & Technology Group’s Nasdaq debut has boosted its stock value, giving the embattled former president an opportunity to further line his pockets.

After yesterday’s merger with front company Digital World Acquisition, shares of Trump Media were down around 3:45 p.m. Greenwich time had increased by 36.3 percent. and reached 68.09 US dollars.

The value of shares of the former president, who is currently running again for this position, marked with the initials “DJT” reached 60% on Tuesday. limit, but later fell again due to price fluctuations.

“I LOVE TRUTH SOCIAL, I LOVE THE TRUTH!”, D. Trump wrote on his social network.

Trump launched his Truth Social platform after announcing on Jan. 6. his supporters stormed the US Congress and as a result major platforms blocked his accounts.

D. Trump owns almost 80 million shares of this company, which are worth more than 5 billion at today’s prices. US dollars.

The stock’s listing comes as Trump is ordered to pay a massive bail ordered by a New York court that found he, his sons and their companies lied for years about the value of his assets.

On Monday, the New York Court of Appeals 454 million The bail, which had to be paid that day, was reduced to 175 million US dollars. US dollars and gave Trump another 10 days to fulfill this obligation.

With bail set at nearly half a billion dollars previously, it was believed that New York authorities could begin seizing Mr. Trump’s assets. D. Trump declared 175 million on Monday. will pay the amount of US dollars “within a set period of 10 days”.

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Tags: debut Nasdaq stock exchange shares Trumps social networking company increased significantly Respublika .lt

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