Trump Media Technology Group's board of directors voted to advance its expansion plan, and the board voted to authorize company leaders to establish a strategic acquisition fund with selected investors.
Trump Media Technology Group (DJT. O) has announced an expansion into financial services, approving investments of up to $250 million, and may enter areas such as cryptocurrencies and ETFs.
Trump Media Technology Group (DJT. O) extended its decline and is now down nearly 12%.
Trump Media Technology Group (DJT. O) shares fell 5.6% in premarket trading.
Trump Media Technology Group (DJT. O) expanded its intraday gain to 7.79%.
The Trump Media Technology Group applied for a service called TruthFi on Monday, describing it as a platform for making crypto payments.
Trump Media Technology Group (DJT. O) and U.S. stocks rose sharply.
Trump Media Technology Group (DJT. O) continued to rise, expanding its gains to 11%.
Trump Media Technology Group (DJT.US) U.S. stocks fell 20% in premarket trading.
Trump Media Technology Group (DJT. O) narrowed its gains to less than 3 percent after rising as much as 30 percent.