Trump Media now Trading under DJT – President Trump is Winning

DJT shares for the Trump Media and Technology Group Corp. are currently trading around $71 (10:49 am) after being halted at $78.80 for hitting the upper limit under intraday price constraints.  We can expect that artificially constrained rally to be resumed.
 
At this price level, President Trump’s shares, which amount to nearly 60% of Trump Media, are now worth around $6 Billion; truly framing up “Winning” while Letitia and the woke mob stew in anger - and adding to the fury, Peter Schiff just recommended the stock:
 
President Trump must wait at least six-months to sell shares based on a lock-up agreement, a common constraint for founders and large shareholders of newly public companies.  Given the good news at the New York Appellate Court yesterday, where his bond requirement fell to $175 million and the deadline was extended by 10 days, he no longer faces a cash crunch; President Trump stated that he would pay the $175 million in cash.

The trading of the shares (currently at $71) values the Nasdaq-listed company at around $10 billion.

Based on a report by Bloomberg, a portion of that paper wealth is also is dependent on shares meeting performance requirements.  President Trump also could earn an additional $2.2 billion worth of shares if the stock meets performance targets, according to data compiled by Bloomberg. 


 
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