Truth Social Owner Trump Media & Technology Stock Soars in Debut
Key Takeaways
- Trump Media & Technology Group stock surged in its first day trading after merging with Digital World Acquisition Corp.
- The newly combined company is trading under the stock ticker “DJT,” for former President Donald J. Trump’s initials.
- The merger started in Oct. 2021, and after delays from Securities and Exchange Commission (SEC) investigations, DWAC shareholders finally approved it Friday.
Shares of of Trump Media & Technology Group, newly merged with Digital World Acquisition Corp. (DWAC), soared as they started trading under the new “DJT” ticker symbol Tuesday.
The companies announced that DWAC’s shareholders approved the merger Friday, and