Donald Trump's media company (NASDAQ: DJT) surges on Wall Street debut
The stock created such a frenzy that Nasdaq briefly halted its trading just two minutes after it began for the day.
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The stock created such a frenzy that Nasdaq briefly halted its trading just two minutes after it began for the day.
Shares of Donald Trump’s social media company jumped more than 30% in the first day of trading on the Nasdaq.
Trump Media & Technology Group Corp. was acquired Monday by a blank-check company called Digital World Acquisition Corp. Trump Media, which runs the social media platform Truth Social, now takes Digital World’s place on the Nasdaq stock exchange.
Former US president’s stake valued at about $6.2bn
Shares of Trump Media & Technology Group experienced a remarkable increase, with an initial surge of approximately 56% at the opening bell.