'Outlooks mediocre or worse': Trump Media investors warned off in alarming Forbes analysis
8 months, 2 weeks ago

'Outlooks mediocre or worse': Trump Media investors warned off in alarming Forbes analysis

Raw Story  

A top contributor with Forbes Thursday warned potential Trump Media investors not to trust the company's eponymous owner with their cash in a thorough breakdown of the multiple financial risks they'd be taking. "There are no business benefits to bolster Trump Media's sales, earnings, and growth outlook." Tobey details several problems he has with Truth Social's parent company, which saw stock prices free-fall earlier this week when news broke of a $58 million net loss in 2023. While Trump Media did receive an influx of cash in its "so-called merger " with Digital World Acquisition, Tobey warned Thursday that's actually a financial red flag.

Trump Company Trump Media Tobey Media Investors  shares  media  investors  trump  forbes  tobey  company  worse  financial  deal  companys  analysis  cash  mediocre  outlooks  alarming  warned

History of this topic

Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust
1 day, 23 hours ago

Donald Trump transfers nearly $4 billion worth of his Trump Media shares to revocable trust

Live Mint  

US President-elect Donald Trump has transferred all his stake in Trump Media & Technology worth over $4 billion to a revocable trust of which he is the sole beneficiary. According to the Securities and Exchange Commission filing, Trump transferred 114.75 million shares, or 53% of Trump Media & Technology’s outstanding stock, worth around $4 billion on paper, in the parent …

Trump transfers entire $4B stake in Trump Media to his trust
4 days ago

Trump transfers entire $4B stake in Trump Media to his trust

Salon  

President-elect Donald Trump has transferred all of his Trump Media shares to the Donald J. Trump Revocable Trust, controlled by his eldest son, Donald Jr., according to regulatory filings revealed Thursday. The Securities and Exchange Commission filing showed that Trump received no money for the roughly 115 million shares in Trump Media & Technology Group — the parent company of …

Trump promises he won't sell Truth Social shares, calls for investigation into rumors
Trending News
1 month, 2 weeks ago

Trump promises he won't sell Truth Social shares, calls for investigation into rumors

Salon  

Donald Trump promised not to sell off shares of Truth Social's parent company and called for an investigation into rumors that he would on Friday. Trump's commitment to his stock came in a post to his social media platform, his first written post to the site since his election victory. "There are fake, untrue, and probably illegal rumors and/or statements …

Trump just made $500 million with a single Truth Social post
1 month, 2 weeks ago

Trump just made $500 million with a single Truth Social post

CNN  

CNN — President-elect Donald Trump’s social media stock had been sinking fast after a short-lived, post-election-victory surge this week. At Friday’s market open, in what was likely a classic “buy the rumor and sell the news” trade, shares of Trump Media and Technology Group had fallen 42% since their recent peak shortly after Wednesday’s open. But then, a half-hour into …

Media Executives See More Deals, Less Regulation Under Trump
1 month, 2 weeks ago

Media Executives See More Deals, Less Regulation Under Trump

Live Mint  

Media executives see the possibility for more mergers and deregulation enabling the growth of broadcast and TV empires with the election of Republican Donald Trump to the US presidency. “That would provide a real positive and accelerated impact on this industry that’s needed.” Media and telecom executives have begun weighing in on what a second Trump presidency may mean for …

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win
1 month, 2 weeks ago

Trump Media share price surge 40% overnight on Robinhood amid speculation of Donald Trump’s election win

Live Mint  

Shares of Trump Media & Technology Group, the social media company founded by former U.S. President Donald Trump, surged as early results from the U.S. presidential election began to roll in. Trump Media & Technology Group Corp.'s stock is often seen by investors as a barometer for Donald Trump’s political prospects, especially as he seeks re-election in a closely contested …

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer
Trending News
1 month, 2 weeks ago

DJT: Trump’s social media stock spikes after victory, making him $1 billion richer

CNN  

New York CNN — Donald Trump didn’t just win the White House. Truth Social owner Trump Media & Technology Group, Trump’s social media company, is skyrocketing in value this morning after CNN and other media outlets projected Trump won the election. Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% in premarket trading, implying an astounding market …

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up
1 month, 2 weeks ago

Trump Media Posts Lackluster Quarterly Sales as Losses Pile Up

Live Mint  

Donald Trump’s media company continued to lose money in the third quarter as revenue trickled in during the months ahead of Tuesday’s election. Trump Media & Technology Group Corp., which was worth $7.4 billion at Tuesday’s close, reported a net loss in the three months ending Sept. 30 of $19.2 million and net sales of just over $1 million, a …

Trump Media’s Watershed Moment Arrives as Voters Hit Polls
1 month, 2 weeks ago

Trump Media’s Watershed Moment Arrives as Voters Hit Polls

Live Mint  

The case for owning shares in Trump Media & Technology Group Corp. boils down to the political fortunes of its namesake. If Trump were to lose I’d anticipate a pretty big drop in share price.” Trump Media shares more than doubled in October as betting markets showed gamblers favored the Republican, even as high-quality polling showed little change from the …

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price
1 month, 3 weeks ago

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Trump Media shares halted five times on Tuesday morning amid volatile trading
1 month, 3 weeks ago

Trump Media shares halted five times on Tuesday morning amid volatile trading

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

Trump media plummets to new lows, ex-president can now sell shares of DJT
3 months ago

Trump media plummets to new lows, ex-president can now sell shares of DJT

Hindustan Times  

Shares of Trump Media & Technology Group Corp. slumped to their lowest level ever at the opening bell Friday, the first day that its biggest shareholder, former President Donald Trump, is free to sell his stake in the company behind the Truth Social platform. Trump owns nearly 115 million shares of the company, according to filings with the Securities and …

World Liberty Financial: Trump launches another business full of potential risks and conflicts if he wins
3 months, 1 week ago

World Liberty Financial: Trump launches another business full of potential risks and conflicts if he wins

CNN  

CNN — Donald Trump and his children unveiled a new cryptocurrency business Monday in a virtual address from his Mar-a-Lago estate, the latest venture that stands to benefit the former president as he seeks another four years in the Oval Office. “It’s definitely new to see a president launching a new company while also at the same time talking up …

Trump Media stock jumps after former president says he won’t sell shares when lockup expires
3 months, 1 week ago

Trump Media stock jumps after former president says he won’t sell shares when lockup expires

Associated Press  

NEW YORK — Shares of Trump Media & Technology Group Corp. jumped Friday after former President Donald Trump said he won’t sell shares of the social media company. Trump owns nearly 115 million shares of the company, according to a recent filing with the Securities and Exchange Commission. The former president can start selling shares of Trump Media, the parent …

Truth Social stock plunges by more than 15 percent after widely panned Trump debate
3 months, 1 week ago

Truth Social stock plunges by more than 15 percent after widely panned Trump debate

Raw Story  

Shares in former President Donald Trump's Trump Media and Technology Group, the parent company of his Truth Social network, took a nosedive in early trading on Wednesday, plunging by more than 15 percent shortly after the opening bell on Wall Street. The dive in Truth Social shares came after Trump delivered a widely criticized debate performance against Vice President Kamala …

Shares in Trump's media company have plummeted 74% since their peak this spring
3 months, 2 weeks ago

Shares in Trump's media company have plummeted 74% since their peak this spring

Salon  

Trump Media & Technology Group, the social media company that owns Truth Social and is itself majority-owned by one of its most avid users, former President Donald Trump, reached its peak value in March after merging a with publicly traded shell company. Trump, who owns 115 million shares, about 60% of the company, saw his Trump Media stake reduced in …

Trump’s Truth Social parent company stock price falls to all-time low
3 months, 2 weeks ago

Trump’s Truth Social parent company stock price falls to all-time low

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Stock in Donald Trump’s media company hit its lowest level …

Trump's media stock falls again — this time below $18
3 months, 2 weeks ago

Trump's media stock falls again — this time below $18

Raw Story  

Donald Trump's media company stock has fallen again, this time down to $18. A year later, CNBC showed that the Truth Social parent company is suffering far worse than his presidential campaign numbers, which are down against Kamala Harris' 48 percent, a USA TODAY/Suffolk Poll said. Under the agreement, insiders can't sell their stock until a certain amount of time …

'Rats jumping off a sinking ship': Insiders dumping Truth Social stock as price tanks
3 months, 3 weeks ago

'Rats jumping off a sinking ship': Insiders dumping Truth Social stock as price tanks

Raw Story  

According to a new report, if Donald Trump wants to tap into a cash windfall that awaits him from his stake in Trump Media & Technology Group, the parent company of Truth Social, his time is coming soon but there are also indications some of the company's insiders are seeing the writing on the wall and it is not good. …

Truth Social stock has lost more than 40 percent of its value in just over a month
3 months, 3 weeks ago

Truth Social stock has lost more than 40 percent of its value in just over a month

Raw Story  

Shares in the Trump Media and Technology Group Corporation have continued their downward spiral and now stand at their lowest value since shares became publicly traded. As USA Today notes, Trump Media shares closed at a record low of $20.99 per share on Tuesday -- and have since sunk lower and are trading in the $19 range as of this …

Donald Trump’s Truth Social: The former president’s return to Twitter reveals his greatest scam yet.
4 months, 1 week ago

Donald Trump’s Truth Social: The former president’s return to Twitter reveals his greatest scam yet.

Slate  

Donald Trump spent Monday providing free publicity for the main competitor of his publicly traded social media company, and you’ll never guess what happened next. Rather, Trump Media is a $5 billion company because some of Trump’s fans think it is cool to own a company that trades as $DJT and supports Trump. Nowhere in the company’s “risk factors” filed …

Truth Social stock takes a tumble as Trump makes his X return
4 months, 1 week ago

Truth Social stock takes a tumble as Trump makes his X return

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Shares …

Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue
4 months, 1 week ago

Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s social media company Trump Media and Technology Group …

'It does confuse me': Fox News host checks pundit claiming stock market better under Trump
4 months, 2 weeks ago

'It does confuse me': Fox News host checks pundit claiming stock market better under Trump

Raw Story  

Fox News host Neil Cavuto proved Monday that he is not afraid of calling out Donald Trump's contradictory claims when it comes to the U.S. economy. On Monday, Trump blamed President Joe Biden and Vice President Kamala Harris for "a massive market downturn" via his social media platform, Truth Social. Trump also claimed: "Stock markets are crashing, job numbers are …

Trump Media enters deal with a Republican donor who could benefit from a second term
4 months, 3 weeks ago

Trump Media enters deal with a Republican donor who could benefit from a second term

Raw Story  

ProPublica is a Pulitzer Prize-winning investigative newsroom. This month, former President Donald Trump’s media company announced it was making its first major purchase: technology to help stream TV on Truth Social, its Twitter-like platform. “It puts them in a more favorable position to get their perspectives before the president or other members of his administration.” The Trump Media deal suggests …

Trump Media made deal that could secure major financial windfall for the GOP candidate
5 months, 1 week ago

Trump Media made deal that could secure major financial windfall for the GOP candidate

Raw Story  

ProPublica is a Pulitzer Prize-winning investigative newsroom. “The Company entered into the Standby Equity Purchase Agreement,” Trump Media & Technology Group, the company behind Trump’s Truth Social platform, said in a filing. “These outlandish and nonsensical conspiracy theories about TMTG’s routine, transparent business practices constitute legally actionable defamation, and we will take legal action in response,” a Trump Media spokesperson …

Trump media shares soar on reelection bid boost
5 months, 1 week ago

Trump media shares soar on reelection bid boost

LA Times  

The Truth Social account for Donald Trump is shown on a mobile device. Shares of Trump’s media company surged in early trading Monday after a failed assassination attempt on the former president over the weekend. The shares of Donald Trump’s media company surged in early trading Monday after a failed assassination attempt on the former president over the weekend boosted …

Shares of Trump Media swing wildly after first US presidential debate, fall 10%
5 months, 3 weeks ago

Shares of Trump Media swing wildly after first US presidential debate, fall 10%

Associated Press  

Trump Media fell more than 10% Friday after the first U.S. presidential debate, demonstrating another of the wild swings that have made its stock one of the more volatile on Wall Street. President Joe Biden and former President Donald Trump clashed Thursday evening on topics including abortion, immigration and the Jan. 6, 2021 attack on the U.S. Capitol. Citi analysts …

Trump Media stock sinks near all-time low as SEC declaration may dilute existing holders
6 months ago

Trump Media stock sinks near all-time low as SEC declaration may dilute existing holders

Hindustan Times  

Trump Media & Technology Group Corp. sank in late trading after the US Securities and Exchange Commission declared effective a regulatory filing that could dilute shareholders. Trump Media, which owns Truth Social, has been volatile since going public earlier this year with the stock soaring as high as $79.38 in the days after its debut before sinking as low as …

Trump has now lost $267M with 'erratic' Truth Social stock: report
6 months ago

Trump has now lost $267M with 'erratic' Truth Social stock: report

Raw Story  

Donald Trump has lost more than $267 million as the value of his eponymous media company continues to plummet, according to a new financial analysis. Trump Media stock values dipped 6.29 percent on Monday and brought share prices to just $34.72 as of Tuesday, Newsweek reported. Truth Social’s parent company reportedly hit a low point last week not seen since …

Trump Media in spiral as it plunges to lowest level in months: report
6 months, 1 week ago

Trump Media in spiral as it plunges to lowest level in months: report

Raw Story  

Trump's media company is losing stock value yet again. Trump Media and Technology Group, formed by a merger with the "blank check" firm Digital World Acquisition Corp., manages Trump's Truth Social platform, a barebones social media site mainly used by Trump himself to make stream-of-consciousness posts known as "Truths." In recent weeks, the stock price of Trump Media, had been …

Trump Media shares down more than 6% after hush money guilty verdict
6 months, 3 weeks ago

Trump Media shares down more than 6% after hush money guilty verdict

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors …

Trump Media reports $327M net loss in 'dire' new filing: analysis
7 months ago

Trump Media reports $327M net loss in 'dire' new filing: analysis

Raw Story  

The financial problems plaguing former President Donald Trump's media company and social platform appear not to be getting any better, according to a new analysis. The Daily Beast reported Monday that Trump Media, the publicly traded parent company of Trump Social, reported a net loss of nearly $330 million in the first three months of 2024. Trump Media has been …

Trump Media's stock price plummets as SEC charges auditor of 'massive fraud', imposes lifetime ban
7 months, 2 weeks ago

Trump Media's stock price plummets as SEC charges auditor of 'massive fraud', imposes lifetime ban

Hindustan Times  

The Securities and Exchange Commission on Friday accused BF Borgers, the independent accounting firm for Trump Media & Technology Group, of conducting a “sham audit mill” and of committing extensive fraud. SEC charged auditing firm for Trump Media and the auditor’s owner were charged with “massive fraud” for work that affected more than 1,500 SEC filings, the federal regulator announced. …

Trump Media audit firm charged with fraud
7 months, 3 weeks ago

Trump Media audit firm charged with fraud

Salon  

BF Borgers, the accounting firm that handles Trump Media & Technology Group’s financial audits, was slapped with fraud charges by the Securities and Exchange Commision for allegedly running a vast operation to misrepresent their auditing process. Since Trump Media was not a public company during the scope of the SEC’s investigation, its past filings were not reviewed for fraudulent accounting …

Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks
7 months, 3 weeks ago

Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks

Associated Press  

WASHINGTON — Former President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company’s stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. For now, the value of those shares …

'Stunning rise': Trump Media's stock value shoots up after weeks of crashing
7 months, 3 weeks ago

'Stunning rise': Trump Media's stock value shoots up after weeks of crashing

Raw Story  

After weeks of plunging in value, former President Donald Trump's media company stock appears to be on the upswing Monday. According to CNBC, "The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. "Earlier Monday, Trump Media issued a press release that essentially underscored previously released information …

Trading Trump: Truth Social’s first month of trading has sent investors on a ride
7 months, 3 weeks ago

Trading Trump: Truth Social’s first month of trading has sent investors on a ride

Associated Press  

WASHINGTON — There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “It’s everything out of the ordinary,” said Julian Klymochko, CEO of Calgary-based Accelerate Financial Technologies Inc. “I …

Trump Media CEO begs House GOP for help as stock value plunges
7 months, 4 weeks ago

Trump Media CEO begs House GOP for help as stock value plunges

Raw Story  

Former GOP lawmaker and current Trump Media & Technology Group CEO, Devin Nunes, is turning to his former colleagues on Capitol Hill to help fight against Wall Street traders dealing in the company’s stock who he says are participating in “anomalous trading” — a practice in which they bet on the stock declining. As Politico points out, the letter was …

Trump Media CEO mocked as 'proverbial loser' by hedge fund for attempt to protect stock
8 months ago

Trump Media CEO mocked as 'proverbial loser' by hedge fund for attempt to protect stock

Raw Story  

A hedge fund issued a statement mocking Trump Media and Technology CEO Devin Nunes as he tries to protect his company's financial position. Nunes, the former Republican congressman and longstanding Donald Trump loyalist, sent a letter this week to Nasdaq chief Adena Friedman expressing concern about short-sellers betting against the company's stock — and Citadel Securities responded with scorn. “Devin …

Column: With his Truth Social stock, Trump may be laughing all the way to the bank — but his investors have reason to weep
8 months, 1 week ago

Column: With his Truth Social stock, Trump may be laughing all the way to the bank — but his investors have reason to weep

LA Times  

With their life savings, childrens’ college funds and their own retirement prospects at stake, most people probably view investing in stocks as a serious business. “I think they’re dopes,” the veteran entertainment executive Barry Diller said of Trump Media’s investors during a CNBC appearance on April 4. One covered the downsides of Trump Media’s linkage with Trump — that Truth …

Trump Media stock plummets after big streaming service announcement: analysis
8 months, 1 week ago

Trump Media stock plummets after big streaming service announcement: analysis

Raw Story  

Trump Media & Technology Group stock took another tumble this Tuesday after it was announced that the company would be launching a new streaming platform. The stock, which traders under ticker DJT, fell 14 percent after a press release went out announcing the streaming service would come to phones, tablets, and TV through the Truth Social app, Yahoo! Trump Media, …

'Poised to go down': Trump Media's $7.2 billion tumble spurs dire warnings from analysts
8 months, 1 week ago

'Poised to go down': Trump Media's $7.2 billion tumble spurs dire warnings from analysts

Raw Story  

Former President Donald Trump's publicly traded media company hit new stock market lows Monday as finance experts warned a recently reported financial could signal the beginning of the end. Forbes Senior Editor Dan Alexander appeared on CNN's "Out Front" hours after news broke Trump Media would put more than 20 million shares up for sale because, as host Erin Burnett …

Trump's Truth Social Stock Is Plummeting — Again
8 months, 1 week ago

Trump's Truth Social Stock Is Plummeting — Again

Huff Post  

LOADING ERROR LOADING Shares of Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, plummeted Monday after the struggling business filed to potentially increase the number of shares for sale. Trump Media’s stock has been in a downward spiral since the company went public last month following a merger with a shell company. Trump’s company …

Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades
8 months, 1 week ago

Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

Associated Press  

NEW YORK — The stock price for Donald Trump’s social media company slid again Monday, pushing it more than 66% below its peak set late last month. It’s a sharp comedown since nearing $80 after the owner of Truth Social merged with a shell company to get its stock trading on the Nasdaq under the symbol “DJT,” for Trump’s initials. …

Donald Trump's Truth Social's future doesn't look that good. Here's why
8 months, 1 week ago

Donald Trump's Truth Social's future doesn't look that good. Here's why

Hindustan Times  

The passively negative influence of this week has resulted in a fall of 25% regarding the stock of Trump Media and Technology Group Corp and a pronounced decrease in the cost to sell. Republican presidential candidate former President Donald Trump's stake value was cut short by about $2.6 Billion. Critics have been vocal about their scepticism regarding TMTG's viability Barry …

Trump Media shares plummet 10 percent — market value drops below $5 billion
8 months, 1 week ago

Trump Media shares plummet 10 percent — market value drops below $5 billion

Raw Story  

Shares for Trump Media have dropped by more than 10 percent this Wednesday, leaving the company with a valuation less than $5 billion, reports show. In the wake of Trump Media's stumbling share price, Trump was taken off the Bloomberg Billionaires Index, a daily ranking of the world’s 500 richest people. According to reports, Trump Media shares dropped 12 percent …

Trump Media share price 'the greatest feat of chutzpah ever seen' in stock market: expert
8 months, 1 week ago

Trump Media share price 'the greatest feat of chutzpah ever seen' in stock market: expert

Raw Story  

Stock in the newly-public Trump Media company is completely worthless as a financial investment, and only exists for political purposes, wrote John Rekenthaler, a prominent financial expert and the director of Morningstar Research Services, in a blistering editorial for MSNBC on Wednesday. This comes after the stock in the company, which oversees the former president's Truth Social platform, surged to …

Trump bumped from Bloomberg's list of billionaires as Truth Social stocks plummet
8 months, 2 weeks ago

Trump bumped from Bloomberg's list of billionaires as Truth Social stocks plummet

Raw Story  

Former President Donald Trump has been bumped from Bloomberg's list of billionaires, according to new reports. Trump's name did not appear Tuesday on the financial news site's daily ranking of the world's 500 richest people, based on net worth analyses of the billionaires' profiles and the day's trading. USA Today, the first to spot Trump's absence, linked Trump's fall to …

Trump Media stock plummets as expert warns of possible securities fraud: reports
8 months, 2 weeks ago

Trump Media stock plummets as expert warns of possible securities fraud: reports

Raw Story  

Former President Donald Trump's Truth Social stock continued to circle the drain Monday as financial experts warned he may have broken the law trying to prop up the price. After the completed merger with "blank check firm" Digital World Acquisition Corp., the stock soared to over $66 a share then fell when news broke that Truth Social lost $58 million …

Discover Related