Stock Market News, April 23, 2024: Nasdaq Closes Higher; Tesla Stock Rises Post-Market
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Trump Media shares tank after company says it could sell more stock
Shares of Donald Trump's social media company slumped 12% on Monday, extending their string of losses, after the company said in a regulatory filing that it could sell millions of additional shares in coming months.
.The filing showed a potential sale of 146.1 million shares including 114.8 million shares owned by Trump himself.
.Trump's media company raises going-concern doubts; shares tumble.It also listed an additional 21.5 million shares that could be sold upon the exercise of...
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Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock
Donald Trump owns nearly 60% of Trump Media, which operates the Truth Social app. DJT shares are sharply down since their March trading debut.
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Revolut and Monzo say scrap stamp duty as top fintechs launch bid to boost stock market
Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock market and boost its appeal to technology firms.