Pedestrians walk past the Nasdaq building Tuesday, March 26, 2024, in New York. Trump Media, which runs the social media platform Truth Social, now takes Digital World’s place on the Nasdaq stock exchange. Pedestrians walk past the Nasdaq building Tuesday, March 26, 2024, in New York. Trump Media, which runs the social media platform Truth Social, now takes Digital World’s place on the Nasdaq stock exchange.
Revenue for Trump Media topped just over $4.13 million in 2023, the SEC filing shows, although that’s up from $1.47 million in 2022.called Digital World Acquisition Corp., Trump Media began trading Tuesday on the Nasdaq under ticker symbol DJT. It’s been a volatile ride. Trump Media’s shares soared in their first couple days of trading — surpassing $79 at one point Tuesday — but have since fallen closer to their initial offering price of $49.95. As of midday Monday, Trump Media’s stock was down more than 18%, standing at just over $50., which notably boosted shares of struggling companies such as GameStop and the movie chain AMC Entertainment to exorbitant heights in 2021.
On Monday, shares for these so-called meme stocks slid as well, with GameStop and AMC down more than 7% and 11%, respectfully. And Reddit, another company that