Former President Donald Trump arrives to speak during a"Get Out The Vote" rally at the Forum River Center, March 9, 2024, in Rome, Ga.For approximately $70, you can now own a share of the company behind former PresidentTrading in Trump Media & Technology Group -- which uses the ticker symbol DJT -- began on the Nasdaq Tuesday morning after last week'sThe company’s market capitalization is approximately $2.7 billion.
In public statements, Trump Media CEO Devin Nunes has expressed confidence in the long-term success of the social media platform. Former President Donald Trump arrives to speak during a"Get Out The Vote" rally at the Forum River Center, March 9, 2024, in Rome, Ga.Trump Media has a long road before it reaches profitability, according to a recent SEC filing, and most new social media companies face a low likelihood of success. In the first nine months of 2023, Trump Media brought in less than $3.4 million in revenue while losing $49 million.