Trump to receive bonus worth $1.2bn for Trump Media stock performance
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Trump set to make $1.25B 'earnout' bonus as Trump Media stock hits benchmark
Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the company on Tuesday.
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Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
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'Stunning rise': Trump Media's stock value shoots up after weeks of crashing
After weeks of plunging in value, former President Donald Trump's media company stock appears to be on the upswing Monday.According to CNBC, "The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. The DJT ticker was up more than $5 per share just before 1 p.m. ET." The company in question, which went public following a merger with a special purpose acquisition company, manages the former president's Truth Social...