From luxury hotels to golf resorts, the brand of Donald J. Trump has been etched into various ventures across industries. Now, the spotlight turns to the stock market as Trump’s latest endeavor, Truth Social, prepares to make its debut under the ticker symbol DJT.
The merger between Trump Media & Technology Group and SPAC Digital World Acquisition Corp. promises to redefine the intersection of politics, technology, and finance.
Digital World’s shareholders approved the merger on Friday.
Shares of Digital World are up more than 110% this year, bolstered by Trump supporters’ investments. The price dipped Friday after the merger was approved, ending the day down almost 14% at $36.94.
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The Return of DJT
The merger between Trump Media & Technology Group and Digital World Acquisition Corp. marks a significant milestone for Truth Social, the social media platform launched by former President Donald Trump.
