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-0.000454862300776209 0.00217388735955385 0.00305702909937276 0.00941033305372111 0.0383561158303895 0.0360699897212936 0.0303812573102871 0.0615422785647619
Stock impact report

Trump to receive bonus worth $1.2bn for Trump Media stock performance [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
Related: Trump has dodged financial calamity – for the time being | Lloyd Green Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake in the business to about $3.7bn. He was able to receive the bonus if TMTG's stock traded above $17.50 a share for 20 days out of any 30-day period within the first three years of the firm's stock market debut – a milestone it reached after closing at $32.57 on Tuesday. Trump's shares in his social media company have offered him a financial lifeline as he faces about $500m in legal penalties after being found liable in civil fraud, defamation and sexual abuse cases. While he cannot sell his stock until September due to the terms of a lockup agreement, the shares' fluctuating value have at times made him one of the world's wealthiest people on paper. After a stunning landing on New York's Nasdaq stock exc Show less Read more
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