Trump Media & Technology Group, which operates the Truth Social platform, will begin trading on the Nasdaq stock exchange on March 26th under the ticker symbol "DJT." The company was acquired by a special purpose acquisition company called Digital World Acquisition Corp in a deal that valued Trump Media at around $6.8 billion. Digital World's stock more than doubled this year, largely due to small-time investors supporting Trump or speculating on the hype. Trump Media has not yet been profitable, with a $49 million loss and only $3.4 million in revenue over the first nine months of the previous year.
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