The New York Stock Exchange (NYSE) has gone to Texas, and President Donald Trump's company has gone with it.
Trump Media & Technology Group shares have dropped over 32% YTD due to disappointing social media traffic and deteriorating financial performance. The recent crypto ETF announcement caused a 10.5% share jump but is considered a market overreaction and insufficient to address core issues. The company's valuation remains excessively high compared to its financial performance, with significant gaps in price-to-book and price-to-sales ratios.
Donald Trump's newest business venture, Trump Media & Technology (NASDAQ: DJT), experienced wild price swings in the run-up to and immediate aftermath of the presidential election and inauguration.
In a press release on Monday, Trump Media said the exchange-traded funds and related products will have “a Made in America focus."
Trump Media (DJT 5.90%) stock is posting big gains in Tuesday's trading. The company's share price was up 5.9% as of 2:30 p.m.
Rally falters on tariff uncertainty, DJT & Crypto.com, Tesla bull Cathie Wood Morning Brief Co-Hosts Madison Mills and Brad Smith examine the top stories on Wall Street on Tuesday, March 25, alongside market and economic experts. Investors weigh uncertainty about US President Donald Trump's tariff policies and the impact on the market and the US economy.
Shares in Trump Media & Technology Group Corp. (Nasdaq: DJT) are trending higher in premarket trading this morning after President Donald Trump's media company announced a partnership deal to start providing exchange-traded funds (ETF) on the cryptocurrency exchange Crypto.com. Here's what you need to know about the deal.
Trump Media (NASDAQ: DJT), the parent company of Truth Social, is quite a unique case. Before the election, DJT shares moved to the upside were a reflection of positive momentum in Trump's campaign.
Trading volume in Trump Media stock has fallen precipitously since President Donald Trump took office, a possible sign that investors have lost interest.
President Donald Trump's net worth fell nearly $300 million Monday, continuing a months-long slide as Trump Media & Technology Group shares tumbled over 11% and reached their lowest point since October.
Shares of Trump Media fell more than 11%, accelerating the company's downward slide since President Donald Trump took office. The sell-off put Trump Media on pace for its worst day since Jan. 21, when DJT stock retreated from a pre-inauguration buying frenzy.
Trump Media & Technology Group Inc DJT stock has been in a free fall, trading at a staggering 70% discount from its 52-week high of $79.38, reached on March 26, 2024.