DJT comes to the Nasdaq
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 26 March 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Shares of former President and presumptive Republican nominee Donald Trump’s social media company start trading Tuesday morning under the ticker symbol DJT. Initial public offerings can often bounce on their inaugural day, which could boost Trump’s wealth — on paper. But first: some numbers on a critical Baltimore bridge that collapsed overnight. We’ll also analyze Indigenous household finances and hear about a dip in sales at casual restaurant chains like Olive Garden.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | We have some numbers on the bridge that collapsed in Baltimore cutting off a major highway and likely to disrupt shipping at a major port in America. |
| 0:10.0 | I'm David Brancaccio in New York. The Governor of Maryland has declared a state of |
| 0:14.3 | emergency after a major highway bridge in Baltimore collapsed overnight into the |
| 0:19.0 | main shipping route in and out of the port of Baltimore. The Francis Scott Key Bridge carrying a section of the Baltimore Beltway has been destroyed. |
| 0:27.4 | Authorities are searching the water for possible victims. |
| 0:30.3 | The Port of Baltimore is the top port of Entry for imported cars in America, and it's not clear if the channel is passable to cargo ships. |
| 0:38.0 | The Port is a major economic engine in the region, generating $400 million in tax revenue to local, county, and state government, |
| 0:46.0 | the bridge part of Interstate 695 carried on average 1,400 vehicles each hour, 12 million |
| 0:52.3 | a year. |
| 0:54.6 | Shares of former president and presumptive Republican nominee Donald Trump's social media |
| 0:58.8 | company start trading on the NASDAQ a bit later this morning under the ticker symbol |
| 1:03.4 | DJT. Initial public offerings can often bounce on their inaugural day |
| 1:08.6 | which would boost Trump's wealth on paper. He can't sell the stocks right away marketplaces Henry Epe has more. |
| 1:15.0 | The listing is the result of a merger with a shell company whose shares have bounced around a lot |
| 1:19.6 | for the last few years but started soaring as the merger with Trump media became official. |
| 1:24.7 | That rising price though is based mostly on the former president's celebrity and reputation |
| 1:29.0 | rather than on any solid business fundamentals. |
| 1:32.3 | Trump media reportedly took in just over |
| 1:34.0 | three million dollars in revenue through the first nine months of last year and |
| 1:37.9 | lost 49 million in that time. But interest in the stock from retail investors has boosted the |
| 1:44.1 | company's value into the billions which also boosts Trump's wealth because he |
| 1:48.7 | owns around 60% of the company's stock. However his shares are likely to be locked up for months, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

