Trump Media Technology Stock Latest News

Trump Media Technology Stock Price News

Trump Media Technology Group Corp. (TMTG) stock has skyrocketed in recent days following the announcement of a merger with Digital World Acquisition Corp. The combined company will be known as Trump Media & Technology Group (TMTG) and is expected to launch a social media platform called TRUTH Social.

TMTG Stock Soars on Merger News

On May 26, 2022, TMTG and DWAC announced a definitive merger agreement. The transaction is expected to close in the second half of 2022, subject to regulatory approval and other closing conditions.

The merger has been met with enthusiasm by investors, who see it as a major step forward for TMTG and its plans to launch TRUTH Social. TMTG stock has more than doubled since the merger announcement.

TRUTH Social to Launch Soon

TRUTH Social is a social media platform that will be based on the principles of free speech and open dialogue. The platform is expected to launch in the coming months and will be available on both the Apple App Store and the Google Play Store.

TMTG has not yet released many details about TRUTH Social, but the platform is expected to offer a variety of features, including the ability to post and share content, follow other users, and engage in discussions.