Posted 3/26/2024, 2:01:53 PM
Trump Media Stock Soars Over 40% in Volatile First Day of Trading
- Trump Media & Technology Group stock skyrockets over 50% on first day of trading after merger deal closes
- Trading halted briefly due to volatile price spike; stock cools but still up 40% on day
- Trump's net worth now over $6 billion on paper due to stock price surge
- Trump cannot sell shares for 6 months per merger terms, pending board approval
- Questions remain about company's financials lost $49M over 9 months last year with little revenue
