The share price of Trump Media, which trades under the DJT ticker, surged after the attempted assassination of former President Donald Trump.
Trump Media said it has started rolling out a TV streaming service for the social media platform Truth Social.
The stock price of the company, which trades as DJT, rose after the attempted assassination of majority shareholder Donald Trump, but had dropped sharply in the days before the announcement.stock closed trading up more than 7% on Friday afternoon, hours after the company said it has started rolling out aBefore Friday, DJT shares had been in a slump.
In a press release Friday, Trump Media said it is now stress testing the TV streaming service, dubbed Truth+, on its"new content delivery network."Once deployed, the company said, Truth Social users will be able to use the service simultaneously while they browse the platform's existing microblogging content.Elon Musk sued by ex-CNN anchor Don Lemon over canceled X dealWSJ reporter Evan Gershkovich, ex-Marine Whelan released in U.S.
"We're establishing a reliable home for great TV content that is neglected by the big corporations or is at risk of cancellation," Trump Media CEO Devin Nunes said in the release. That content will initially include news, commentary, weather, lifestyle and entertainment channels, with plans to expand with Christian- and family-focused programming, the company said.that JedTec is an obscure entity led by James Davison, a major Republican donor and energy magnate whose business interests could be affected if Trump wins a second term as president.
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