Former President Donald J. Trump’s already sizable stake in his social media company is set to jump by more than $1 billion, as he’s rewarded with additional shares in the parent of Truth Social — the result of its stock price staying high in recent weeks. The windfall comes at a crucial time for Mr. […]
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Trump Media Share Price Drops Sharply
Shares of former President Donald J. Trump’s social media company plunged on Monday after the company filed to register the potential sale of tens of millions of additional shares. Trump Media & Technology’s stock fell 18 percent, erasing hundreds of millions of dollars from the company’s market value — and putting a dent in Mr. […]
Read MoreA Breakthrough in Plastic Recycling Is Coming Up Short
By 2025, Nestle promises not to use any plastic in its products that isn’t recyclable. By that same year, L’Oreal says all of its packaging will be “refillable, reusable, recyclable or compostable.” And by 2030, Procter & Gamble pledges that it will halve its use of virgin plastic resin made from petroleum. To get there, […]
Read MoreTraders Are Betting Millions That Trump Media Will Tumble
Before former President Donald J. Trump’s social media company made its stock market debut, many investors were lining up to bet on its collapse. After the company’s share price plunged following an initial surge, the appetite to bet against the stock has grown even more ravenous. Trump Media & Technology Group, which trades under the […]
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