Shares of Trump Media Skyrocket Early in First Day of Trading
Oh, the short sellers are going to be big mad, even hurt, as the shares of President Trump’s media stock [Digital World Acquisition Corp] skyrocket in early trading.
On the first day of public trading the DWAC stocks, which trade under NASDAQ id “DJT”, opened at $49.95 and investors quickly began purchasing, pushing the stock value to the $70 range as of this writing.
President Trump holds a near 60% of the DJT company stock, so his wealth on paper jumps BIGLY.
It really should not be that much of a surprise (unless you are a committed leftist who believe they are in the majority) to see the stock quickly gain support. Many people, me included, have noted the background data -hidden by most media discussion- always reflected the pragmatic MAGA movement is the majority view. There are far more of us than them, they just control the optics.
It must be painful for NBC to report on these results. lol
(NBC) – Former President Donald Trump’s social media company got off to a quick start in its stock market debut Tuesday.
Shares of Trump Media & Technology Group, the parent company of Truth Social, shot up more than 50% in its first minutes of trading. The quick move triggered a trading halt of five minutes, which exchanges use to put a check on volatile stock moves.
Shares cooled slightly after trading resumed. The stock was up about 40% on the day as of an hour into trading.
Shareholders in shell company Digital World Acquisition Corp. voted Friday to approve a merger with Trump’s social media company. The long-expected deal effectively took Trump Media & Technology Group into the public market, allowing people to easily buy and sell its stock.
The stock, which now trades under the ticker DJT on the Nasdaq exchange, is being closely watched in large part because its fortunes could have a major impact on Trump’s strained finances. The former president’s net worth, at least on paper, is now at over $6 billion, according to Bloomberg. (read more)
You can follow the stock shift HERE.
Congratulations to Truth Social’s Devin Nunes who worked exceptionally hard to achieve this outcome.
MAGA!
I haz smile.
I know it can be overwhelming at times to find optimism against all of this corruption, but the choice of joy is ours.
Every time you enjoy your day, you are winning. Every time to do not let them steal your peace of mind, you defeat them. Every time you embrace the simple joys of the sun on your face or the breeze upon you, and you do it with gratitude and genuine thankfulness for this blessed life we are able to live, you defeat every element of darkness that would whisper on your shoulder.
Ultimately, this is what living your best life is about. Life is about choices. Choose to be happy, make a conscious effort to cherish and appreciate the people around you. Give that starter smile; if you have the time – give up your place in line to someone who doesn’t; open the door, help your neighbor, do something random and useful and good, and do it as much as you can.
Find a way to generate and express grace, even in the face of hate and bitterness. Be wise, perhaps cynical, and be strategic. Be cautious and yet do not allow coarseness to become your center of gravity.
In the face of all adversity and disenchantment, keep peace within yourself. Live with the joy our loving God provides and fearlessly live your best life.
Love to all,
~ Sundance
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