How DJT Stock Might Become an ETF Holding [Yahoo! Finance]
Digital World Acquisition Corp. - Units (DWACU)
Company Research
Source: Yahoo! Finance
But will DJT become a holding in an exchange-traded fund? Assuming Donald J. Trump's ongoing legal challenges don't present a major financial hurdle for the former U.S. president, and his fledgling media company can rise to sustained profitability, DJT stock would still need to pass some relatively stringent selection criteria to be added as an index component. Of course, sales and earnings come first and according to Reuters, the so-called SPAC that evolved into Trump Media, Digital World Acquisition, lost $10.6 million from its operations in the first nine months of 2023 on revenue of $3.4 million “I struggle to see the value of Truth Social if it's purely trading on fundamentals,” said Matthew Tuttle, founder of Tuttle Capital Management in Greenwich, Connecticut, in an interview with etf.com. There's the matter of getting a stock included in an index. Many ETFs track a benchmark index, such as the S&P 500, and the process for adding a new stock to an index can be multi-la
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