Rapidcreek@lemmy.world to politics @lemmy.world · 4 months agoTrump Media stock erases all gains since it began trading as DJT shares fall againwww.nbcnews.comexternal-linkmessage-square37fedilinkarrow-up1322arrow-down110cross-posted to: [email protected]
arrow-up1312arrow-down1external-linkTrump Media stock erases all gains since it began trading as DJT shares fall againwww.nbcnews.comRapidcreek@lemmy.world to politics @lemmy.world · 4 months agomessage-square37fedilinkcross-posted to: [email protected]
minus-squareganksy@lemmy.worldlinkfedilinkarrow-up16·4 months ago Trump is Trump Media’s biggest shareholder, with 57.3 percent of the company, or 78.7 million shares — a stake worth about $2.9 billion based on the stock’s closing price Monday.< Through an “earnout” provision, Trump stands to receive another 36 million shares if the price stays above $17.50 for 20 days, which could happen as soon as April 26 and would raise his total stake to $4.2 billion.< https://www.washingtonpost.com/technology/2024/04/07/trump-media-truth-social-payout/ I got my eye on that April 26 date. We’re on track to see the mustard hit the wall on that day. God speed the short sellers!!
I got my eye on that April 26 date. We’re on track to see the mustard hit the wall on that day. God speed the short sellers!!