President-elect Donald Trump is set to ring the New York Stock Exchange opening bell Thursday, just months after threatening to move his company Trump Media & Technology Group Corp. DJT from Nasdaq to NYSE over trading halts.
What Happened: The ceremony comes as DJT stock has surged 107.62% year-to-date, closing at $36.23 on Wednesday with a market capitalization of $7.25 billion.
The former president publicly criticized Nasdaq in September when his company’s shares faced routine trading halts. “Why is NASDAQ halting the sale of DJT?” Trump wrote on Truth Social. “I am going to hold NASDAQ, and maybe the SEC, liable for doing what they are doing. If they do it again, we will move the stock to the New York Stock Exchange,” Trump added.
The stock has seen a volatile performance, with prices ranging from $11.75 to $79.38 over the past 52 weeks. The company’s shares saw significant movement in September following…
