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The Latest Breaking News from TMTG

The company building Trump Media’s tech has historic links to Iran, Russia, and China

Three companies brokered a complex deal to build Donald Trump’s Truth Social. How they’re all involved is a mystery even to them.

Fortune

Trump Media execs quit amid CEO claims

The firm that operates Truth Social is in turmoil following internal complaints to company board

Salon

Trump Media COO Andrew Northwall resigns, per SEC filings

Trump Media and Technology Group, the owner of Truth Social, announced Northwall had resigned in an SEC filing on Thursday.

Fortune

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Trump Media stock is up 19% over the last 5 days

The price spiked on Tuesday after a flood of shares began trading as the market opened.

Fortune

Former 'Apprentice' Contestants Sell Majority Stake In Trump Media

Florida firm linked to 'The Apprentice' reduces stake in Trump Media & Technology Group amid legal disputes.

Top News

Trump Media cofounders just dumped almost all of their stock

Andrew Litinsky and Wes Moss, both former 2004 reality-TV contestants on Trump’s Apprentice show, liquidated over 7.5 million shares worth around $100 million after falling out with the former president.

Fortune

Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform

A Florida firm that had a 5.5% stake in Trump Media & Technology Group has disposed of most of their holdings in the company, which owns former president Donald Trump’s Truth Social platform

The Independent UK

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Trump Media shares are rebounding from record lows. Here's why

Had Trump moved to liquidate part of his 59% stake at the first available opportunity to meet heavy legal costs, the parent of Truth Social would have had to report the sale by now.

Fortune

Trump Media shares crash to record low despite better polling

Until recently the price of Truth Social's parent company, TMTG, has been seen as a barometer of the former president's election chances in November.

Fortune

Trump Media lockup deadline leaves Trump with a choice: trigger a fire sale or hold a meme stock

Some say the stock is worth only $1.50 a share.

Fortune

Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer

A federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s Truth Social platform

The Independent UK

Trump Media erases all 2024 stock gains days before Donald Trump can cash out his $1.95B stake

Donald Trump's stake is still worth nearly $2 billion, but fears he might follow its CEO Devin Nunes and sell stock is weighing on sentiment.

Fortune

Truth Social parent hits new all-time low as Donald Trump returns to X

With the presidential race now neck and neck, Trump cannot afford to limit his reach to Truth Social, a problem for its stock-exchange-listed parent, TMTG.

Fortune

Musk-Trump X chat gets glitchy and hits Truth Social stock

Previous technical problems with Kamala Harris's Zoom events were cause for celebration, after all.

Fortune

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Fortune

Donald Trump returned to X and shares in his media company hit a 4-month low

"The value of TMTG’s brand may diminish if the popularity of President Trump were to suffer."

The Independent UK

Trump’s net worth has dropped by $900m since Harris entered the race

Truth Social has experienced declining audience numbers too

Salon

Trump Media's quiet GOP donor deal

The deal with energy magnate James E. Davison shows how Trump's stake poses a conflict of interest

International Business Times

Trump Media Shares Rise In Pre-market Trading Following Biden's Poor Debate Performance

Trump Media Shares increased in pre-market, then nosedived following the poor performance of President Joe Biden during Thursday's presidential debate.

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news in one place.

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Fortune

LinkedIn co-founder slams $6 billion valuation for Trump's Truth Social

Trump Media has a market value of roughly $6 billion, more than 1,400 times the revenue it pulled in last year.

Fortune

Trump Media share price shows the mixed emotions of his supporters

Volatility ramps up following conviction.

The Independent UK

Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m

Company says losses are result of recent merger but share price has dropped 13.2% since Friday

Top News

Trump's Social Media Company Discloses FINRA Inquiry

FINRA inquiry into TMTG's social media plans raises concerns and potential impacts on the company's future.

Latin Times

Parent Company Of Trump's Truth Social Posts $328 Mln Loss

TMTG, which recently went public, posted a net loss of $327.6 million from January to March, compared with $210,300 in net losses for the same period last year, according to a company statement.

International Business Times

Parent Company Of Trump's Truth Social Posts $328M Loss

Trump Media and Technology Group, which owns former US president Donald Trump's social media platform Truth Social, lost more than $300 million in the first quarter of 2024, it said Monday.

The Independent UK

Trump media company lost more than $327m in first quarter

Company said its focus is ‘long-term product development, rather than quarterly revenue’

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