"Former President Donald Trump's Truth Social began trading under the ticker "DJT" on Tuesday, putting the real estate tycoon — and his initials — at the helm of a publicly traded company once again.
Shares of Trump Media & Technology Group soared in early morning trading on the Nasdaq exchange, rising more than $25, or roughly 50%, to $75.21 per share, before giving up some of the gains in the afternoon. The stock closed at $57.99 per share, or a gain of 16%.
Trump Media & Technology Group ended the day with a market value of $7.8 billion. Trump, who owns 58% of the newly public company, now has a stake valued at $4.6 billion — at least on paper."
