What’s Going On With Trump Media & Technology Group Stock On Friday?
Posted On October 18, 2024
Trump Media & Technology Group Corp (NASDAQ:DJT) has had a volatile trading session since Thursday, as social media has criticized Republican presidential candidate Donald Trump’s cancellation of scheduled events and conduct at recent events, including a town hall in Pennsylvania.
The market also priced in the disappointment met with by Trump’s cryptocurrency venture World Liberty Financial (WLF), which aimed to raise $300 million. The WLFI token could sell tokens worth $12.9 million, CNBC cited from the website.
On Thursday, Trump’s crypto venture released a 13-page document detailing its mission and token allocation plans.
The document reveals that Trump and his family could receive 75% of the project’s net revenue.
WLF …
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