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-0.00238237045860626 0.0067004169148303 0.0190589636688505 0.0178677784395474 0.00952948183442526 -0.00178677784395459 -0.00178677784395459 -0.00178677784395459
Stock impact report

Trump Media shares surge 21% after Trump hush money verdict decline [USA TODAY]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: USA TODAY
Trump Media & Technology Group shares sank last week on news that early investors could potentially sell tens of millions of shares – a development previously warned could result “in a significant decline in the public trading price of our common stock.” The development only added to the uncertainty that has surrounded the Trump Media stock since it began trading in March after the merger with shell company Digital World Acquisition Corp. Trump Media put a positive spin on the news, saying it could rake in an additional $247 million in cash if early investors converted all their warrants into shares. Friday it said it expected to receive nearly $70 million from the recent cash exercise of warrants. Warrants, which reward investors by letting them swap their holdings for shares in the company, can dilute the value of the shares. Trump Media & Technology Group stock price rallies Shares of Trump Media, which trades under the vanity ticker DJT on the Nasdaq, jumped 21% to $33 Show less Read more
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