First Six Months of Trading for SPAC-Formed Trump Media & Technology Group (DJT)

After merging with a SPAC company March 26, 2024, DJT surged in trading to $79.38 per share, with its market capitalization above $10 billion, an incredible metric for a company that reported an operating loss of $10.6 million for the first nine months of 2023 on revenue of just $3.4 million. By the end of its first six months trading, its market cap was $3.74 billion.