DJT having a good first day: Trump's Truth Social media stock price sees rapid rise
Donald Trump's Reality Social stock cost soar during its securities exchange debut, acquiring than 40% by early Tuesday evening. The parent organization of Truth Social, Trump Media and Innovation Gathering, opened up to the world Tuesday morning under the ticker DJT, short for Donald J. Trump. The stock was exchanging at $71.63 as of 1:32 p.m. ET, up almost $22. The public posting was made conceivable by Trump Media's consolidation with Computerized World Securing, a specific reason obtaining organization, or SPAC. Computerized World's investors casted a ballot for the consolidation Friday, and Trump Media assumed Advanced World's position on the Nasdaq on Tuesday. How much is Truth Social worth? Prior to exchanging opened Tuesday, Truth Social's parent organization had a market worth of about $6.8 billion. Since Trump possesses around 79 million of the 135 million remarkable offers, his stake in the organization was worth about $4 billion. It's a pricy valuat...