[tds_menu_login inline="yes" guest_tdicon="td-icon-profile" logout_tdicon="td-icon-log-out" tdc_css="eyJwaG9uZSI6eyJtYXJnaW4tcmlnaHQiOiIyMCIsIm1hcmdpbi1ib3R0b20iOiIwIiwibWFyZ2luLWxlZnQiOiI2IiwiZGlzcGxheSI6IiJ9LCJwaG9uZV9tYXhfd2lkdGgiOjc2N30=" toggle_hide="eyJwaG9uZSI6InllcyJ9" ia_space="eyJwaG9uZSI6IjAifQ==" icon_size="eyJhbGwiOjI0LCJwaG9uZSI6IjIwIn0=" avatar_size="eyJwaG9uZSI6IjIwIn0=" show_menu="yes" menu_offset_top="eyJwaG9uZSI6IjE4In0=" menu_offset_horiz="eyJhbGwiOjgsInBob25lIjoiLTMifQ==" menu_width="eyJwaG9uZSI6IjE4MCJ9" menu_horiz_align="eyJhbGwiOiJjb250ZW50LWhvcml6LWxlZnQiLCJwaG9uZSI6ImNvbnRlbnQtaG9yaXotcmlnaHQifQ==" menu_uh_padd="eyJwaG9uZSI6IjEwcHggMTVweCA4cHgifQ==" menu_gh_padd="eyJwaG9uZSI6IjEwcHggMTVweCA4cHgifQ==" menu_ul_padd="eyJwaG9uZSI6IjhweCAxNXB4In0=" menu_ul_space="eyJwaG9uZSI6IjYifQ==" menu_ulo_padd="eyJwaG9uZSI6IjhweCAxNXB4IDEwcHgifQ==" menu_gc_padd="eyJwaG9uZSI6IjhweCAxNXB4IDEwcHgifQ==" menu_bg="var(--news-hub-black)" menu_shadow_shadow_size="eyJwaG9uZSI6IjAifQ==" menu_arrow_color="rgba(0,0,0,0)" menu_uh_color="var(--news-hub-light-grey)" menu_uh_border_color="var(--news-hub-dark-grey)" menu_ul_link_color="var(--news-hub-white)" menu_ul_link_color_h="var(--news-hub-accent-hover)" menu_ul_sep_color="var(--news-hub-dark-grey)" menu_uf_txt_color="var(--news-hub-white)" menu_uf_txt_color_h="var(--news-hub-accent-hover)" menu_uf_border_color="var(--news-hub-dark-grey)" f_uh_font_size="eyJwaG9uZSI6IjEyIn0=" f_uh_font_line_height="eyJwaG9uZSI6IjEuMyJ9" f_uh_font_family="eyJwaG9uZSI6IjMyNSJ9" f_links_font_size="eyJwaG9uZSI6IjEyIn0=" f_links_font_line_height="eyJwaG9uZSI6IjEuMyJ9" f_links_font_family="eyJwaG9uZSI6IjMyNSJ9" f_uf_font_size="eyJwaG9uZSI6IjEyIn0=" f_uf_font_line_height="eyJwaG9uZSI6IjEuMyJ9" f_uf_font_family="eyJwaG9uZSI6IjMyNSJ9" f_gh_font_family="eyJwaG9uZSI6IjMyNSJ9" f_gh_font_size="eyJwaG9uZSI6IjEyIn0=" f_gh_font_line_height="eyJwaG9uZSI6IjEuMyJ9" f_btn1_font_family="eyJwaG9uZSI6IjMyNSJ9" f_btn1_font_weight="eyJwaG9uZSI6IjcwMCJ9" f_btn1_font_transform="eyJwaG9uZSI6InVwcGVyY2FzZSJ9" f_btn2_font_weight="eyJwaG9uZSI6IjcwMCJ9" f_btn2_font_transform="eyJwaG9uZSI6InVwcGVyY2FzZSJ9" f_btn2_font_family="eyJwaG9uZSI6IjMyNSJ9"]
21.9 C
New York
[tds_menu_login guest_tdicon="td-icon-profile" logout_tdicon="td-icon-log-out" tdc_css="eyJhbGwiOnsibWFyZ2luLWJvdHRvbSI6IjAiLCJkaXNwbGF5IjoiIn19" toggle_txt_color="var(--news-hub-white)" menu_offset_top="eyJhbGwiOiIxOSIsImxhbmRzY2FwZSI6IjE3IiwicG9ydHJhaXQiOiIxNSJ9" menu_offset_horiz="eyJhbGwiOi02LCJsYW5kc2NhcGUiOiItMyIsInBvcnRyYWl0IjoiLTIifQ==" menu_horiz_align="content-horiz-right" menu_bg="var(--news-hub-black)" menu_uh_color="var(--news-hub-light-grey)" menu_uh_border_color="var(--news-hub-dark-grey)" menu_ul_link_color="#ffffff" menu_ul_link_color_h="var(--news-hub-accent-hover)" menu_ul_sep_color="var(--news-hub-dark-grey)" menu_uf_txt_color="var(--news-hub-white)" menu_uf_txt_color_h="var(--news-hub-accent-hover)" menu_uf_border_color="var(--news-hub-dark-grey)" f_uh_font_family="325" f_uh_font_line_height="1.3" f_links_font_family="325" f_links_font_line_height="1.3" f_uf_font_line_height="1.3" f_uf_font_family="325" menu_uh_padd="eyJhbGwiOiIyMHB4IDI1cHggMThweCIsImxhbmRzY2FwZSI6IjE1cHggMjBweCAxM3B4IiwicG9ydHJhaXQiOiIxMHB4IDE1cHggOHB4In0=" menu_ul_padd="eyJhbGwiOiIxOHB4IDI1cHgiLCJsYW5kc2NhcGUiOiIxNnB4IDIwcHgiLCJwb3J0cmFpdCI6IjhweCAxNXB4In0=" menu_ul_space="eyJhbGwiOiIxMCIsImxhbmRzY2FwZSI6IjgiLCJwb3J0cmFpdCI6IjYifQ==" menu_ulo_padd="eyJhbGwiOiIxOHB4IDI1cHggMjBweCIsImxhbmRzY2FwZSI6IjEzcHggMjBweCAxNXB4IiwicG9ydHJhaXQiOiI4cHggMTVweCAxMHB4In0=" menu_shadow_shadow_size="0" menu_arrow_color="rgba(255,255,255,0)" menu_width="eyJhbGwiOiIyMjAiLCJwb3J0cmFpdCI6IjE4MCJ9" show_version="" menu_gh_padd="eyJhbGwiOiIyMHB4IDI1cHggMThweCIsImxhbmRzY2FwZSI6IjE1cHggMjBweCAxM3B4IiwicG9ydHJhaXQiOiIxMHB4IDE1cHggOHB4In0=" menu_gc_padd="eyJhbGwiOiIxOHB4IDI1cHggMjBweCIsImxhbmRzY2FwZSI6IjEzcHggMjBweCAxNXB4IiwicG9ydHJhaXQiOiI4cHggMTVweCAxMHB4In0=" menu_gh_color="var(--news-hub-light-grey)" menu_gh_border_color="var(--news-hub-dark-grey)" f_gh_font_family="325" menu_gc_btn1_bg_color="var(--news-hub-accent)" menu_gc_btn1_bg_color_h="var(--news-hub-accent-hover)" menu_gc_btn2_color="var(--news-hub-accent)" menu_gc_btn2_color_h="var(--news-hub-accent-hover)" f_btn1_font_family="325" f_btn1_font_transform="uppercase" f_btn2_font_family="325" f_btn2_font_transform="uppercase" f_btn1_font_weight="700" f_btn2_font_weight="700" show_menu="yes" f_uf_font_size="eyJsYW5kc2NhcGUiOiIxMiIsInBvcnRyYWl0IjoiMTIifQ==" icon_color="var(--news-hub-white)" icon_size="eyJhbGwiOjIyLCJsYW5kc2NhcGUiOiIyMCIsInBvcnRyYWl0IjoiMTgifQ==" avatar_size="eyJhbGwiOiIyMiIsImxhbmRzY2FwZSI6IjIwIiwicG9ydHJhaXQiOiIxOCJ9" ia_space="eyJhbGwiOiIxMCIsImxhbmRzY2FwZSI6IjgiLCJwb3J0cmFpdCI6IjYifQ==" f_toggle_font_family="325" f_toggle_font_size="eyJhbGwiOiIxNCIsImxhbmRzY2FwZSI6IjEzIiwicG9ydHJhaXQiOiIxMiJ9" logout_size="eyJhbGwiOjE0LCJsYW5kc2NhcGUiOiIxMyJ9" f_uh_font_size="eyJsYW5kc2NhcGUiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_links_font_size="eyJsYW5kc2NhcGUiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_gh_font_size="eyJsYW5kc2NhcGUiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ=="]

Grab 2024’s Most Ridiculous RPG While It’s On Sale

At the beginning of the year, Like a Dragon: Infinite Wealth launched a hell of an opening salvo. The latest installment in the long-running Like a Dragon/Yakuza series is comically full of things to do. On one hand, it’s a turn-based RPG epic, splitti...

Jeff Grubb Says Next State of Play Likely To Announce A “Less Exciting” Remaster

It's seemingly confirmed that Horizon Zero Dawn is getting a remaster, despite the fact it really doesn't need one. Sony is focusing on making the games look a bit cleaner and visually striking instead of rebooting or porting franchises that people actually care about. Although it hasn't been officially confirmed that a Horizon Zero Dawn remaster is coming, it's quite likely since the rumor has been floating around since 2022. People now believe this is happening because the supposed remastered version has been rated by the ESRB, listening to PC and PlayStation 5 as the platforms. In the latest Game […]

The Final Joker 2 Trailer Is Here

Joker 2, technically titled Joker: Folie à Deux, is just a couple of weeks away, and the final trailer has arrived to try and seal the deal for potential audience goers who are still on the fence about whether a “jukebox” musical is how they want to se...

Apple’s A18 Pro Is 13 Percent Faster Than A17 Pro In GFXBench’s Aztec Ruins Benchmark; New Milestone Is Achieved At A Worse ‘Performance Per...

The A18 Pro powering the iPhone 16 Pro and iPhone 16 Pro Max had already cemented its position as Apple’s fastest smartphone silicon to date by being 18 percent faster than last year’s A17 Pro in Geekbench 6’s Metal benchmark while also trading blows with the M1 in the single-core and multi-core department. In the latest GFXBench Aztec Ruins test, the newest SoC once again reaches a new performance plateau, but a closer look at the comparison reveals that it had to operate at a higher power draw to achieve this difference, resulting in a worse ‘performance per watt’ ratio. In the […]

Trump Media And Technology Group Begins The Phased Rollout Of Its “Uncancelable” Streaming Service Called Truth+

Trump Media and Technology Group (NASDAQ: DJT) shares have experienced a broad-based weakness over the past month on dilution concerns, with the stock down ~18 percent since the 02nd of July. Today, however, the company is attempting a narrative reset by commencing the phased rollout of its bespoke streaming platform, dubbed Truth Plus. Back in May, Trump Media and Technology Group had noted that it was done with the research and development phase of its new live TV streaming platform and that it would begin to scale up its own Content Delivery Network (CDN). In the first phase, Trump Media […]

Trump Media And Technology Group (DJT) Shares Rally Beyond Robinhood’s Overnight Order-Accepting Range

Trump Media and Technology Group (NASDAQ: DJT) shares are currently the center of attention in the financial sphere on the back of the shocking developments over the weekend and the stock's uncontested status as a proxy for all things Trump-related. It is hardly a surprise, therefore, that Trump Media shares are currently rocketing in Robinhood's 24-hour trading venue, prompting the popular brokerage platform to slap a warning related to the acceptance of DJT orders. $DJT most likely won’t resume regular trading on Robinhood until the premarket session begins. Robinhood has tagged the stock with the 20% warning label — orders […]

Trump Media And Technology Group Enters Into Two Key Agreements To Bolster Its Liquidity By $2.5 Billion And Acquire Key Assets For Its Upcoming...

Trump Media and Technology Group (DJT), the parent entity of the Truth Social platform, has just entered into key agreements that not only pave the way for the company to substantially boost its liquidity but also acquire prime assets for its upcoming Content Delivery Network (CDN). Trump Media's All-Equity Deal With WorldConnect Technologies And Its Affiliates To wit, Trump Media and Technology Group has entered into an all-equity deal with WorldConnect Technologies, WorldConnect IPTV Solutions, and JedTec to acquire key assets, including the source code, for its upcoming Content Delivery Network (CDN). Back in May, Trump Media had noted that it […]

Trump Media And Technology Group Now Has $350 Million In Cash After Raising 51 Percent More Funds Than Initially Expected From The Exercise Of...

Trump Media and Technology Group (DJT), the parent entity of the Truth Social platform, is currently brimming with fresh liquidity that augurs well for its ambitious plans to launch a new live TV streaming platform and its own content delivery network (CDN). We reported on the 21st of June that Trump Media and Technology Group expected to receive $69.4 million in proceeds from the cash exercise of its warrants. Today, in a new filing with the SEC, the company has disclosed that it managed to raise 51 percent more funds relative to its initial expectations, to the tune of $105 […]

Trump Media And Technology Group (DJT) Expects Its Unrestricted Cash To Swell To $240 Million And Receive An Additional $69.4 Million From The Cash...

In a major boost to its liquidity, Trump Media and Technology Group (NASDAQ: DJT), the parent entity of the Truth Social platform, now expects to receive a significant sum from the cash exercise of its warrants as well as unlock another chunk of the restricted cash on its balance sheet. On the 18th of June, the SEC declared Trump Media and Technology Group's amended Form S-1 effective, which paved the way for the company to register up to 14.375 million common shares that are issuable upon the exercise of up to 4.061 million of its warrants. The filing also permits […]

Trump Media And Technology Group Banks On Louisiana After Failing To Get Much Traction On The Stock Manipulation Probe

The management of Trump Media and Technology Group could be found wanting on a number of metrics, but not for a lack of tenacity. It appears that the company is determined to leave no stone unturned in its quest to halt what it terms as illegal manipulation of its stock price. Trump Media CEO complains about "the apparent manipulation of the stock" While the stock of a ~$0 revenue company that lacks a business plan but has a market cap of more than $10 billion does appear manipulated, we likely disagree as to the direction of said manipulation$DJT pic.twitter.com/BmHgxpDU8r — […]

Here Is The Reality Behind Trump Media And Technology Group’s R&D Expenses For Q1 2024

Trump Media and Technology Group (NASDAQ: DJT) is increasingly turning into a case where lofty ambitions clash with institutional inertia, dampening the overall pace of progress to the detriment of investors. Trump Media and Technology Group reported its earnings for the first quarter of 2024 yesterday, constituting the first such milestone in its brief journey as a publicly traded entity. But while the announcement was heavy on symbolism, the contents were predictably underwhelming. As we noted in a dedicated post, Trump Media earned just $770,500 in revenue in Q1, which translated into an operating loss of $12.1 million for the […]

Trump Media and Technology Group Asks Florida’s Attorney General To Investigate How Some Short-Sellers Are Allegedly Able To Obtain a “Drastically Reduced” Rate for...

Trump Media and Technology Group, the parent company of the Truth Social platform, is doggedly holding on to its original thesis that its stock is being artificially manipulated by certain market players. While the company has taken a number of unusual steps to attract the attention of the regulators, going so far as to write separate letters to several Congressional committee chairs, it has little to show for these efforts as yet. Today, Trump Media and Technology Group has gone a step further in its crusade by publicly calling on the attorney general of Florida, Asley Moody, to take action. […]

Trump Media and Technology Group (DJT) Urges Its Investors To Pursue a 3-Step Plan To Crush Short-Sellers

Perhaps in a bid to secure Donald Trump's performance award or to divert attention away from its poor fundamentals, Trump Media and Technology Group (NASDAQ: DJT) has remained laser-focused on the issue of "naked" short-selling of its shares over the past few days. Now, the embattled company has come up with a 3-step plan to combat what it sees as the artificial depression of its share price. The Back and Forth Between Trump Media and Technology Group (DJT) and Citadel On the 17th of April, Trump Media and Technology Group published a comprehensive list of FAQs to address investor concerns, […]

Trump Media and Technology Group Writes a Letter to the Nasdaq Exchange To Complain About “Market Manipulation” by Short-Sellers

Trump Media and Technology Group (NASDAQ: DJT) appears to have settled on short-sellers - particularly of the "naked" variety - as the prime culprit behind the stock's relentless decline in the past few days, judging by a letter that Truth Social's parent company has now sent to the Nasdaq index. Trump Media and Technology Group's Letter to the Nasdaq Exchange To wit, Trump Media and Technology Group has now penned a letter to urge the Nasdaq exchange to probe its inclusion in the so-called threshold list: "As you know, “naked” short selling — selling shares of a stock without first […]

Trump Media and Technology Group (DJT) Gives Advice To Concerned Investors on How To Prevent Their Shares From Being Loaned Out For Short Positions

After giving up the entirety of their post-merger gains, Trump Media and Technology Group (NASDAQ: DJT) shares are currently in the limelight for their elevated short interest. Yet, in a somewhat unusual move, the company is now advising concerned investors on how to prevent their shares from being loaned out for short positions. Trump Media and Technology Group shares have now experienced two distinct mass liquidation waves in their post-merger phase. The first such wave materialized when the company disclosed that its Truth Social platform raked in a paltry $4.131 million in revenue in the entire of 2023, incurring a […]

Trump Media and Technology Group (DJT) Shares Nosedive as the Company Files to Issue 21.5 Million New Shares

Trump Media and Technology Group (NASDAQ: DJT) appears to have caught a lot of investors by surprise after filing for the issuance of new shares in what is usually a routine affair in the de-SPAC process. To wit, Truth Social's parent entity has now filed with the SEC to pave the way for the following transactions: The issuance of 21.491 million shares upon the exercise of warrants The permission for Trump Media and Technology Group insiders to sell up to146.108 million common shares after the expiration of their lock-up period, which is the earliest of either the 25th of September, […]

Tag: Trump Media and Technology Group

Nintendo has officially announced that it is suing PocketPair, the creators of Palworld, in collaboration with The Pokemon Company. In a statement on NintendoCoLtd on X, Nintendo filed a patent infringement lawsuit in the Tokyo District Court on September 18, 2024. This lawsuit aims to seek an injunction against infringement and damages after PocketPair allegedly infringed multiple patents in Palworld. This news isn't surprising, except that it didn't come sooner. Palworld was first released in January 2024. In the game, there are plenty of "Pals" that look incredibly similar to the creatures in Pokemon, to the point that it's bordering […]
The Serpent Crest Shield is a Medium Shield added in Elden Ring’s Shadow of the Erdtree expansion. It’s an excellent choice for those seeking full physical blocking abilities without being weighed down by one of the game’s massive Greatshields. We high...

Trump Media And Technology Group Begins The Phased Rollout Of Its “Uncancelable” Streaming Service Called Truth+

Trump Media and Technology Group (NASDAQ: DJT) shares have experienced a broad-based weakness over the past month on dilution concerns, with the stock down ~18 percent since the 02nd of July. Today, however, the company is attempting a narrative reset by commencing the phased rollout of its bespoke streaming platform, dubbed Truth Plus. Back in May, Trump Media and Technology Group had noted that it was done with the research and development phase of its new live TV streaming platform and that it would begin to scale up its own Content Delivery Network (CDN). In the first phase, Trump Media […]

Trump Media And Technology Group (DJT) Shares Rally Beyond Robinhood’s Overnight Order-Accepting Range

Trump Media and Technology Group (NASDAQ: DJT) shares are currently the center of attention in the financial sphere on the back of the shocking developments over the weekend and the stock's uncontested status as a proxy for all things Trump-related. It is hardly a surprise, therefore, that Trump Media shares are currently rocketing in Robinhood's 24-hour trading venue, prompting the popular brokerage platform to slap a warning related to the acceptance of DJT orders. $DJT most likely won’t resume regular trading on Robinhood until the premarket session begins. Robinhood has tagged the stock with the 20% warning label — orders […]

Trump Media And Technology Group Enters Into Two Key Agreements To Bolster Its Liquidity By $2.5 Billion And Acquire Key Assets For Its Upcoming...

Trump Media and Technology Group (DJT), the parent entity of the Truth Social platform, has just entered into key agreements that not only pave the way for the company to substantially boost its liquidity but also acquire prime assets for its upcoming Content Delivery Network (CDN). Trump Media's All-Equity Deal With WorldConnect Technologies And Its Affiliates To wit, Trump Media and Technology Group has entered into an all-equity deal with WorldConnect Technologies, WorldConnect IPTV Solutions, and JedTec to acquire key assets, including the source code, for its upcoming Content Delivery Network (CDN). Back in May, Trump Media had noted that it […]

Trump Media And Technology Group Now Has $350 Million In Cash After Raising 51 Percent More Funds Than Initially Expected From The Exercise Of...

Trump Media and Technology Group (DJT), the parent entity of the Truth Social platform, is currently brimming with fresh liquidity that augurs well for its ambitious plans to launch a new live TV streaming platform and its own content delivery network (CDN). We reported on the 21st of June that Trump Media and Technology Group expected to receive $69.4 million in proceeds from the cash exercise of its warrants. Today, in a new filing with the SEC, the company has disclosed that it managed to raise 51 percent more funds relative to its initial expectations, to the tune of $105 […]

Trump Media And Technology Group (DJT) Expects Its Unrestricted Cash To Swell To $240 Million And Receive An Additional $69.4 Million From The Cash...

In a major boost to its liquidity, Trump Media and Technology Group (NASDAQ: DJT), the parent entity of the Truth Social platform, now expects to receive a significant sum from the cash exercise of its warrants as well as unlock another chunk of the restricted cash on its balance sheet. On the 18th of June, the SEC declared Trump Media and Technology Group's amended Form S-1 effective, which paved the way for the company to register up to 14.375 million common shares that are issuable upon the exercise of up to 4.061 million of its warrants. The filing also permits […]

Trump Media And Technology Group Banks On Louisiana After Failing To Get Much Traction On The Stock Manipulation Probe

The management of Trump Media and Technology Group could be found wanting on a number of metrics, but not for a lack of tenacity. It appears that the company is determined to leave no stone unturned in its quest to halt what it terms as illegal manipulation of its stock price. Trump Media CEO complains about "the apparent manipulation of the stock" While the stock of a ~$0 revenue company that lacks a business plan but has a market cap of more than $10 billion does appear manipulated, we likely disagree as to the direction of said manipulation$DJT pic.twitter.com/BmHgxpDU8r — […]

Here Is The Reality Behind Trump Media And Technology Group’s R&D Expenses For Q1 2024

Trump Media and Technology Group (NASDAQ: DJT) is increasingly turning into a case where lofty ambitions clash with institutional inertia, dampening the overall pace of progress to the detriment of investors. Trump Media and Technology Group reported its earnings for the first quarter of 2024 yesterday, constituting the first such milestone in its brief journey as a publicly traded entity. But while the announcement was heavy on symbolism, the contents were predictably underwhelming. As we noted in a dedicated post, Trump Media earned just $770,500 in revenue in Q1, which translated into an operating loss of $12.1 million for the […]

Trump Media and Technology Group Asks Florida’s Attorney General To Investigate How Some Short-Sellers Are Allegedly Able To Obtain a “Drastically Reduced” Rate for...

Trump Media and Technology Group, the parent company of the Truth Social platform, is doggedly holding on to its original thesis that its stock is being artificially manipulated by certain market players. While the company has taken a number of unusual steps to attract the attention of the regulators, going so far as to write separate letters to several Congressional committee chairs, it has little to show for these efforts as yet. Today, Trump Media and Technology Group has gone a step further in its crusade by publicly calling on the attorney general of Florida, Asley Moody, to take action. […]

Trump Media and Technology Group (DJT) Urges Its Investors To Pursue a 3-Step Plan To Crush Short-Sellers

Perhaps in a bid to secure Donald Trump's performance award or to divert attention away from its poor fundamentals, Trump Media and Technology Group (NASDAQ: DJT) has remained laser-focused on the issue of "naked" short-selling of its shares over the past few days. Now, the embattled company has come up with a 3-step plan to combat what it sees as the artificial depression of its share price. The Back and Forth Between Trump Media and Technology Group (DJT) and Citadel On the 17th of April, Trump Media and Technology Group published a comprehensive list of FAQs to address investor concerns, […]

Trump Media and Technology Group Writes a Letter to the Nasdaq Exchange To Complain About “Market Manipulation” by Short-Sellers

Trump Media and Technology Group (NASDAQ: DJT) appears to have settled on short-sellers - particularly of the "naked" variety - as the prime culprit behind the stock's relentless decline in the past few days, judging by a letter that Truth Social's parent company has now sent to the Nasdaq index. Trump Media and Technology Group's Letter to the Nasdaq Exchange To wit, Trump Media and Technology Group has now penned a letter to urge the Nasdaq exchange to probe its inclusion in the so-called threshold list: "As you know, “naked” short selling — selling shares of a stock without first […]

Trump Media and Technology Group (DJT) Gives Advice To Concerned Investors on How To Prevent Their Shares From Being Loaned Out For Short Positions

After giving up the entirety of their post-merger gains, Trump Media and Technology Group (NASDAQ: DJT) shares are currently in the limelight for their elevated short interest. Yet, in a somewhat unusual move, the company is now advising concerned investors on how to prevent their shares from being loaned out for short positions. Trump Media and Technology Group shares have now experienced two distinct mass liquidation waves in their post-merger phase. The first such wave materialized when the company disclosed that its Truth Social platform raked in a paltry $4.131 million in revenue in the entire of 2023, incurring a […]

Trump Media and Technology Group (DJT) Shares Nosedive as the Company Files to Issue 21.5 Million New Shares

Trump Media and Technology Group (NASDAQ: DJT) appears to have caught a lot of investors by surprise after filing for the issuance of new shares in what is usually a routine affair in the de-SPAC process. To wit, Truth Social's parent entity has now filed with the SEC to pave the way for the following transactions: The issuance of 21.491 million shares upon the exercise of warrants The permission for Trump Media and Technology Group insiders to sell up to146.108 million common shares after the expiration of their lock-up period, which is the earliest of either the 25th of September, […]

Recent articles

spot_img