Trump Media stock plunges amid plan to issue more DJT shares
The former president's media company has had a rough start on Wall Street, shedding two-thirds of its value since its peak.
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The former president's media company has had a rough start on Wall Street, shedding two-thirds of its value since its peak.
The former president's media company announced plans to air news, religious channels and other content.
Former President Donald Trump took credit on Monday for ending the constitutional right to abortion but said the issue is now up to the states. CBS News senior White House correspondent Weijia Jiang has more.
Former President Donald Trump on Monday said abortion rights should be left to the states. Some Republicans are pushing back against the stance. CBS News campaign reporters Shawna Mizelle and Jake Rosen join with analysis.
Michael and Gerald Shvartsman pled guilty to single counts of securities fraud after making $22 million illegally before Truth Social was acquired and made public. Robin Nunn, a federal trial attorney, joins CBS News with details on the charges.
Trump's media company dipped below its opening stock price on Monday. The company, which runs Truth Social, has disclosed mounting losses.
Shares of former President Donald Trump's Truth Social rose 16% after the first day of trading on the Nasdaq exchange Tuesday. CBS News campaign reporter Jake Rosen has more on the publicly traded company.
Former President Donald Trump's media business is trading under his DJT initials on the Nasdaq stock market.
Trading began Tuesday for the Trump Media & Technology Group, parent to former President Donald Trump's Truth Social media platform. The firm ended the day at nearly $58 per share with a total valuation of $7.9 billion. Amrith Ramkumar, finance reporter for The Wall Street Journal, joins CBS News to assess the stock's debut performance.
Former President Donald Trump's Truth Social could soon trade on the stock market with the ticker DJT. Here's what to know.
Shareholders in Digital World Acquisition Corp. on Friday approved a merger with former President Donald Trump's media group.
Merger could provide new funding for Truth Social and give former President Trump a stake worth almost $4 billion.
Although Truth Social aspires to compete with Big Tech, the conservative-friendly social network's financial performance has slumped badly.
Digital World Acquisition Corp. said it's still planning to merge with Trump's media group, which runs Truth Social.
Donald Trump's media company has struggled to complete a merger with "blank-check" company Digital World Acquisition Corp.
CBS News correspondent Errol Barnett joined Anne-Marie Green and Vladimir Duthiers to discuss former President Donald Trump's call for a change in trial venue ahead of his arraignment in New York City.
Meta says it will reinstate former President Donald Trump's Facebook and Instagram accounts two years after they were suspended in the wake of the Jan. 6 attack on the U.S. Capitol. Mike Isaac, a technology correspondent for The New York Times, joins Errol Barnett and Lana Zak to explain what's behind the decision.
White House press secretary Karine Jean-Pierre called Trump's post "insulting" and "antisemitic."
Investors that had pledged $1 billion to fund the social media company can now back out due to a merger delay.
More than $1 billion in funding for Trump's media group is at risk if the merger fails, jeopardizing Digital World's future,
About 4 in 10 mobile phones use Google's Android platform, which may keep millions from joining Donald Trump's service.
Consumers could be "confused, mistaken or deceived" because the name is too similar to other businesses, trademark office says.
The FBI and Department of Homeland Security issue a memo warning of increased threats following the raid on Mar-a-Lago. CBS News homeland security and justice reporter Nicole Sganga joins "Red and Blue" for a deep dive into the memo and much more.
The Jan. 6 committee's surprise sixth hearing focuses on the actions of President Donald Trump on the days leading up to and during the Capitol riot. Washington Post national correspondent Philip Bump joined "Red and Blue" to break down the testimony.
A federal grand jury issued subpoenas to Digital World Acquisition Corp., the special purpose acquisition company merging with Trump Media & Technology Group.