New York
CNN
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For the first time in almost 30 years, part of Donald TrumpÔÇÖs business empire has gone public. Trading started with a bang, but the frenzy eased considerably by the closing bell, with shares ending well off their highs of the day.

Trump Media & Technology Group, the owner of struggling social media platform Truth Social, began its long-delayed journey as a public company at TuesdayÔÇÖs opening bell under the ticker symbol ÔÇ£DJT.ÔÇØ

The stock surged about 56% at the open, to $78, and trading was briefly halted for volatility. Trump Media shares stabilized around $70 before fizzling. By the closing bell, Trump Media ended at $57.99, up by a more modest 16% on the day.

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