LONDON, April 17, 2024--(BUSINESS WIRE)--
Funds | Date | TIDM | ISIN Code | Shares in Issue | Currency | Net Asset Value | NAV/per Share |
First Trust NASDAQ Clean Edge Green Energy UCITS ETF | 16.04.2024 | QCLN.LN | IE00BDBRT036 | 1,050,002.00 | USD | 12,552,403.26 | 11.955 |
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First Trust Global Funds PLC
As shares of former president Donald Trump's Truth Social meme stock continue to plummet, Devin Nunes, CEO of parent company Trump Media & Technology Group (TMTG), is accusing Wall Street of unfairly betting against the pump-and-dump scheme. As CNBC reports, Nunes claimed that the company's stock was the target of "unlawful manipulation" in a letter […]
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STORY: Donald Trump’s legal fees may be rising, but so is his personal wealth.The former president on Tuesday was set to secure a stock bonus worth $1.3 billion, thanks to Trump Media & Technology Group, which operates his social media app Truth Social.The award would take Trump’s overall stake in the company to $4.1 billion.While Trump has agreed not to sell any of his shares before September, the windfall represents a significant boost to his wealth, which Forbes pegs at $4.7 billion.The bonus reflects the exuberant trading in Trump Media’s shares, which have been on a roller coaster ride since the company listed on the Nasdaq last month through a merger with a special purpose acquisition company, or SPAC.Many shares were snapped up by speculators and those supporting the Republican's 2024 presidential bid against Democrat Joe Biden.Under the terms of the deal, Trump is entitled to the stock bonus if the share price stays above $17.50 for 20 trading days after the company's debut.The stock ended Monday’s session at slightly more than double that price, making it likely that Trump will secure the bonus at Tuesday’s market close.LSEG data shows that Trump Media, which disclosed millions of dollars in losses earlier this month, has the highest valuation multiple compared to U.S. companies with a similar market cap.The high valuation also comes despite the company warning investors in regulatory filings that its operational losses raise "substantial doubt" about its ability to remain in business.
Among the things to note are different benefit payment dates due to the May bank holidays and a change to Universal Credit work rules
The DWP has confirmed a major shakeup for 600,000 benefit claimants moving to Universal Credit.
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