Trump in Line for Extra SPAC Payday Despite $4.5 Billion Selloff Yahoo Finance
News Source : Yahoo Entertainment
News Summary
- A rocky start for Trump Media & Technology Group Corp
- shares has wiped out $4
- 5 billion in market value
- But it will have to lose a lot more than that to put at risk the massive special bonus due to the former president and his corporate insiders
- As part of the startup’s blank-check deal, Trump Media insiders will divvy up 40 million new shares
(Bloomberg) A rocky start for Trump Media & Technology Group Corp. shares has wiped out $4.5 billion in market value in just a couple of weeks. But it will have to lose a lot more than that to [+4674 chars]