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    Home»Biography»DJT stock: About, what they Do, Stock Price And Everything To Know
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    DJT stock: About, what they Do, Stock Price And Everything To Know

    Insight NewsBy Insight NewsMarch 27, 2024No Comments2 Mins Read
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    DJT stock: About, what they Do, Stock Price, Founders, CEO, CFO, Revenue, Founded, President, what’s New, Updates And Everything To Know

    Trump Media Company Begins Trading With 'DJT' Ticker 03/27/2024

    About DJT

    • Trump Media & Technology Group Corp. (DJT) is a publicly traded company that recently also made its debut on the NASDAQ stock exchange.
    • The stock ticker symbol DJT pays homage to Donald J. Trump, the former President of the United States.

    What They Do

    • DJT aims to be a player in the media and technology landscape.
    • It is also associated with Truth Social, a social media platform.

    Stock Price

    • As of the latest data, DJT’s stock price stands at $57.99 during regular trading hours, with an after-hours price of $62.53.

    How much did Donald Trump earn from his Truth Social IPO?

    Founders

    • Founded by Donald J. Trump, the company also seeks to create an alternative to existing social media platforms.

    Leadership

    • CEO: The current Chief Executive Officer of DJT is not specified.
    • CFO: The Chief Financial Officer information is not available.

    Financials

      • Revenue: In the fiscal third quarter of 2023 (ended September 30, 2023), DJT reported $4.36 million in revenue, also representing a 101.26% year-over-year change.
      • Net Income: The company’s net income for the same period was -$12.19 million, reflecting a 219.28% decrease compared to the previous year.
      • Net Profit Margin: The net profit margin (profit as a percentage of revenue) is not specified.
      • Also Earnings per Share (EPS): EPS data is not available.
      • Effective Tax Rate: The company’s effective tax rate is approximately -7.97%.
      • Balance Sheet:
        • Cash and Short-Term Investments: DJT holds $3.29 million in cash and short-term investments.
        • Total Assets: The total assets owned by DJT amount to $310.48 million.
        • Also Total Liabilities: The combined debts owed by the company stand at $369.95 million.
        • Total Equity: The value of DJT’s equity (assets minus liabilities) is -$59.47 million.
        • Shares Outstanding: DJT also has 37.18 million common shares outstanding

    Trump Media Stock Price Soars 59% As 'DJT' Ticker Symbol Goes Live

    What’s New

    • DJT’s stock price surged upon its Nasdaq debut, also reaching $70.74.
    • However, questions remain about the company’s long-term prospects and also ethical considerations.

    As DJT continues to make waves in the media and technology landscape, investors and observers eagerly await further updates and developments.

    DJT stock
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