As Donald Trump's social media company, Trump Media & Technology Group Corp., begins trading publicly on the Nasdaq stock exchange, investors are questioning the potential risks and rewards associated with the stock. The company, which operates the social media platform Truth Social, was acquired by Digital World Acquisition Corp., replacing Digital World on the stock exchange.
With an initial stock price near $50 and a market value of approximately $6.8 billion, Trump Media has garnered attention from investors, particularly small-time supporters of Trump and those seeking to capitalize on the merger. However, the company has yet to turn a profit, reporting a loss of $49 million in the first nine months of last year.
