Not Just Trump Media: These Social Media Stocks Are Also Red Hot:
go.forbes.com/c/nwHe
Quick Glance: Social Media Stocks Surge Beyond Trump Media
- Donald Trump's social media company is not the only one experiencing a surge in stock value - other social media companies are also on the rise.
- Trump Media began trading on the Nasdaq on Tuesday, becoming one of the few social media-first companies on the public market.
- While Meta's shares saw a slight dip, other social media companies like Reddit, Snap, and Pinterest have seen an increase, with Trump Media gaining 16% on its first trading day.
- Despite the current success of Trump Media and Reddit, cautionary tales from previous social media offerings like Snap and Pinterest warn of potential risks as their stock prices remain below their peak levels.
Story Details
| Last Updated | Mar 26 |
| Total Articles | 22 |
News on this topic
Truth Social will start trading on Tuesday. Trump stands to earn a fortune: Trump Media and Technology Group will trade on the Nasdaq exchange under the stock ...
npr.org/2024/03/25/1240724446/truth-social-trump-media-technology-group-trading-bond
Donald Trump media firm soars in stock market debut: The long awaited moment hands the former president a stake worth more than $5bn.
bbc.com/news/business-68667664
Trump Media stock price soars 59% as 'DJT' ticker symbol goes live: Donald Trump can't sell his multibillion-dollar stake in Truth Social until a six-month ...
markets.businessinsider.com/news/stocks/trump-media-stock-price-soars-djt-ticker-symbol-truth-social-2024-3
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Previous
Truth Social will start trading on Tuesday. Trump stands to earn a fortune: Trump Media and Technology Group will trade on the Nasdaq exchange under the stock ...
npr.org/2024/03/25/1240724446/truth-social-trump-media-technology-group-trading-bond
Donald Trump media firm soars in stock market debut: The long awaited moment hands the former president a stake worth more than $5bn.
bbc.com/news/business-68667664
Trump Media stock price soars 59% as 'DJT' ticker symbol goes live: Donald Trump can't sell his multibillion-dollar stake in Truth Social until a six-month ...
markets.businessinsider.com/news/stocks/trump-media-stock-price-soars-djt-ticker-symbol-truth-social-2024-3
Donald Trump Stock Predicted to Collapse After Truth Social Goes Public: The former president's media company announced a merger last week.
newsweek.com/donald-trump-truth-social-public-stock-collapse-1883532
Not Just Trump Media: These Social Media Stocks Are Also Red Hot: The coals may be hot for Trump Media and Reddit investors now, but prior social media offerings ...
go.forbes.com/c/nwHe
Donald Trump’s Social Media Stock Surges 50% In Nasdaq Debut: Trump’s stake in the Truth Social parent is now valued at about $9 billion.
forbes.com/sites/dereksaul/2024/03/26/donald-trumps-social-media-stock-surges-50-in-nasdaq-debut/
Trump Social Media Firm Jumps 58% After Post-SPAC Deal Debut: Former president Donald Trump’s social media startup climbed as much as 58% in its first session as ...
trib.al/OmPAC8Z
Trump’s Truth Social-Linked Stock Pops 15%—His Shares Hit $3.3 Billion—But Big Questions Linger
forbes.com/sites/dereksaul/2024/03/25/trumps-truth-social-linked-stock-pops-15-his-shares-hit-32-billion-but-big-questions-linger/
Trump Media (DJT) Shares Climb 16% to $7.9 Billion Post-SPAC Deal Valuation: Former president Donald Trump’s social media startup gained 16% in its first trading ...
bloomberg.com/news/articles/2024-03-26/trump-social-media-firm-gains-20-ahead-of-post-spac-deal-debut
Paid articlePaid
Trump looks to top social media world with stock market return : Former US President Donald Trump returns to the stock market with hopes that his Truth will help ...
euronews.com/business/2024/03/26/trumps-social-media-company-starts-trading-publicly
Trump Media is the newest meme stock: Donald Trump's social media company is now trading on the public market — and will now be subject to major swings worth ...
qz.com/donald-trump-media-truth-social-meme-stock-1851366712
Paid articlePaid
Rooting for Trump to fail has made his stock shorters millions: There have been plenty of scary moments, including last week when DJT, the ex-president’s ...
pbs.org/newshour/politics/rooting-for-trump-to-fail-has-made-his-stock-shorters-millions
Quick Glance: Profiting from Trump's Truth Social Appears Lucrative
- An amateur Wall Street investor group has made millions by betting against the stock price of Trump's social media company.
- Their bets are driven by the company's poor financials rather than personal feelings towards the former president.
- Despite paper profits of at least $200 million, they remain cautious due to the stock's volatility.
- Buyers of Trump's stock could amplify losses for short sellers through massive purchases and a potential 'short squeeze.'
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
cnbc.com/2024/04/24/djt-trump-media-ceo-asks-house-gop-to-launch-stock-manipulation-probe.html
Trump to receive 36 million additional shares of Truth Social parent company, worth $1.17 billion
usatoday.com/story/money/2024/04/23/trump-truth-social-stock-price-bonus/73423982007/
Trump to score additional $1.2 billion windfall thanks to his Truth Social app: Trump is getting additional shares in his social media company ...
npr.org/2024/04/23/1246645808/truth-social-shares-windfall-trump-media-technology-group
Trump Media stock's many ups and downs in just 1 month: A look at Trump Media stock's highest highs, lowest lows, and everything in between during its first ...
qz.com/trump-media-djt-stock-market-cap-highs-lows-nasdaq-1851438153
The Uncertainty Effect: Why IPOs May Be on Hold Until Post-Election: Historical trends suggest presidential elections don't move the needle ...
inc.com/sam-blum/the-uncertainty-effect-why-ipos-may-be-on-hold-until-post-election.html
DJT SPAC: Trump to get $1.3B in bonus shares if stock doesn't crash: If Trump Media can trade above $17.50 a share by Tuesday's closing bell ...
markets.businessinsider.com/news/stocks/trump-media-stock-crash-sell-shares-djt-truth-social-spac-2024-4
Trump Media Ropes In Congress to Pursue Claims of Illegal Shorts: Donald Trump’s social media startup publicized a letter to the heads of various US House of ...
bloomberg.com/news/articles/2024-04-24/trump-media-ropes-in-congress-to-pursue-claims-of-illegal-shorts
Paid articlePaid
Trump Media CEO renews assault on DJT short sellers, but the math doesn’t add up: Data show the volume of short sales was stable as DJT stock was tumbling
marketwatch.com/story/trump-media-ceo-renews-assault-on-djt-short-sellers-but-the-math-doesnt-add-up-34ee50c3
Trump Media pens letter to Congress on impact of short sellers: The Trump Media CEO last week also penned a letter to Nasdaq blaming "naked" short selling for ...
markets.businessinsider.com/news/stocks/trump-media-spac-djt-ceo-letter-congress-naked-short-sellers-2024-4
Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet: The blank-check deal that brought Donald Trump’s media startup public is set to give him another ...
bloomberg.com/news/articles/2024-04-23/trump-set-for-another-1-3-billion-in-shares-he-can-t-sell-yet
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