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Stock impact report

Trump Media Spin Off Plan Raises New Questions For DJT Shareholders [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Trump Media & Technology Group (NasdaqGM:DJT) is weighing a spin-off of its Truth Social platform into a separately traded public company. The spin-off would follow Trump Media's planned merger with fusion energy firm TAE Technologies. Truth Social would enter public markets via a reverse merger with Texas Ventures Acquisition III, with shares distributed to existing Trump Media shareholders. For investors watching NasdaqGM:DJT, the potential spin-off comes after a mixed stretch in the stock. The share price stands at $10.71, with a 5.9% gain over the past week but declines of 20.9% over the past month, 22.2% year to date, and 55.6% over the past year. Over three years, the return sits at a 26% decline. If Trump Media proceeds, shareholders could end up with exposure to two different businesses: Truth Social on one side and the remain Show less Read more
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