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Variety

Variety

Trump Media’s Stock Price Soars on His Presidential Win, Boosting Value of Trump’s Stake to Over $5 Billion

Variety
Summary
Nutrition label

75% Informative

Shares of Trump Media & Technology Group rose more than 30% in premarket trading Wednesday morning .

Trump owns 56.6% of the company's shares, making his stake now worth more than $5 billion .

Trump now has just over 8 million followers on the Truth Social social media network.

Trump formed TMTG in 2021 after he was banned from Twitter , Facebook, Instagram , YouTube and other platforms.

Trump 's license agreement includes a provision that obligates him to make non-political social media posts on Truth Social .

Trump may make any post that he deems, in his sole discretion, to be politically-related on any social media site.

VR Score

70

Informative language

64

Neutral language

74

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links