Discover NYSE Texas Launch Featuring Trump Media's Dual Listing
Explore the groundbreaking launch of NYSE Texas with Trump Media & Technology Group's historic dual listing, highlighting Texas as a premier hub for business growth and innovation.
Bill McColl brings over 25 years of expertise as a senior producer and writer across television, radio, and digital platforms, leading teams in delivering impactful news coverage on major events.
Highlights
- The New York Stock Exchange has inaugurated its Texas branch with Trump Media & Technology Group as its inaugural listing.
- NYSE Group President Lynn Martin emphasized the strategic advantage for companies to leverage Texas’s robust pro-business environment.
- Trump Media & Technology Group maintains its primary listing in New York while embracing a dual presence in Texas.
The New York Stock Exchange (NYSE) has officially expanded into Texas, marking a significant milestone with the listing of President Donald Trump's media enterprise.
Owned by Intercontinental Exchange (ICE), the NYSE announced the launch of NYSE Texas in Dallas, spotlighting Trump Media & Technology Group (TMTG) as its first listed company.
NYSE Texas stands as the inaugural securities exchange within the Lone Star State, with NYSE Group President Lynn Martin noting this new platform enables businesses to tap into Texas’s dynamic and supportive economic landscape.
Texas: The Leading State for NYSE-Listed Companies
Texas boasts the highest number of NYSE-listed companies nationwide, collectively representing over $3.7 trillion in market capitalization.
TMTG CEO Devin Nunes lauded Texas’s favorable business climate and entrepreneurial spirit, stating that this dual listing, combined with plans to reincorporate in Florida, reflects a broader trend of companies embracing states that champion free enterprise and individual liberties.
While Trump Media & Technology Group’s primary listing remains on the New York NYSE, the dual listing on NYSE Texas underscores its commitment to growth in vibrant markets.
Shares of Intercontinental Exchange recently reached record highs but experienced volatility during a broader market downturn, a trend mirrored by TMTG’s stock performance.
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