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Search resuls for: "Donald Trump ricocheted"


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Trading of Trump Media shares was halted for volatility multiple times Tuesday morning as the company majority owned by Donald Trump ricocheted in early trading. Nearly 16 million Trump Media shares changed hands in the first 10 minutes of the trading day. Just more than a month later, Trump Media shares were trading at more than four times that price. That merger, which took Trump Media public, was completed in late March. Despite losing hundreds of millions of dollars on scant revenue in recent fiscal quarters, Trump Media boasts a market capitalization above $10 billion.
Persons: Donald Trump ricocheted, Trump’s, Kamala Harris, Harris, Critics Organizations: Trump Media, Nasdaq, DWAC, Republican, Trump, Forbes, Democratic, Madison Locations: New York City
Nearly 16 million DJT shares changed hands in the first 10 minutes of the trading day. Trading was halted a second time at 9:42 a.m., with shares up nearly 9%. The company, which trades as DJT on the Nasdaq, was halted for five minutes at 9:36 a.m. Trading of Trump Media shares was halted for volatility multiple times Tuesday morning as the company majority-owned by Donald Trump ricocheted in early trading. Just over a month later, Trump Media shares were trading at more than four times that price.
Persons: Donald Trump ricocheted, Kamala Harris, Harris, Critics Organizations: Nasdaq, Trump Media, Republican, Trump, Forbes, Democratic, Madison Locations: New York City
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