{
Devin Nunes

People

}
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001122334455554433221100

Trump Media explores financial expansion amid fluctuating stock performance

Trump Media and Technology Group (TMTG), founded by Donald Trump, is navigating a volatile stock market after its shares peaked above $50 in late 2022 and fell below $30 post-election. The company plans to expand into financial services and has established a strategic fund for acquisitions aligned with "America First" policies, aiming for a medium-term recovery in stock prices. Despite short-term tensions that could drive prices down to $15, there is potential for a rebound towards $50 if key resistance levels are surpassed.
IG
United States Dollar Digital World Acquisition Corp. Trump Media & Technology Group Corp. USA Devin Nunes Donald Trump
Business & Industry, Market Report
11:28 26.02.2025

Trump Media shares rise 10 percent amid election tensions and earnings report

Shares of Trump Media & Technology Group surged 10.4% in after-hours trading as voting concluded in a heated presidential election, despite a reported loss of $19.2 million in the third quarter. The stock has been volatile, reflecting the fluctuating fortunes of Donald Trump in his race against Democrat Kamala Harris, with a notable 105% increase over the past month. CEO Devin Nunes highlighted the quarter's significance for Truth Social users and retail investors, emphasizing the company's mission for free speech online.
CNBC
United States Dollar Van Andel Arena Trump Media & Technology Group Corp. USA Donald Trump Devin Nunes Kamala Harris Show more
Finance & Economy, Market Report
01:13 06.11.2024

Trump Media reports 19.2 million loss amid volatile trading and election day

Trump Media reported a $19.2 million loss in the third quarter, with revenue dropping 5.6% to $1.01 million, surprising investors on Election Day. Despite a volatile trading week, shares rose slightly in after-hours trading, while the company holds $673 million in cash and no debt. CEO Devin Nunes highlighted ongoing efforts for growth amid these challenges.
CNBC
United States Dollar Trump Media & Technology Group Corp. USA Donald Trump Devin Nunes Kamala Harris Show more
Finance & Economy, Market Report
23:20 05.11.2024
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