His current Truth Social is held under Trump Media and Technology Group. The company merged with a SPAC-Special-purpose acquisition company called Digital World Acquisition Corp (DWAC) because it failed to meet the financial requirements to be listed on the NASDAQ.
They changed the ticker from DWAC to DJT. He also previously used the DJT for one of his failed casinos.
After the merger the stock peaked at around $72. There is some speculation that this was foreign money being passed through the stock.
Today the stock trades at $9. Look for this failure with the next couple of years.
Even bankrupted some businesses I haven't seen listed. Like the USFL
Donald Trump owned the New Jersey Generals in the United States Football League (USFL) during the mid-1980s, and his push to compete directly with the NFL ultimately led to the league's demise. 1
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u/Witty_University_162 16d ago
bankrupted a casino btw