Trump Media & Technology Group Corp. (DJT)
Shares of Trump's media firm near record low following his return to X
Shares of former U.S. President Donald Trump's media company dipped and neared record lows on Wednesday, following weak quarterly results and the Republican presidential candidate's return to social media platform X.
POV: Trump Media's stock has tumbled 57% this year—and his fans are bearing the brunt of the losses
On the campaign trail, former president Donald Trump talks frequently about what a great businessman and a great investor he is. But one topic he doesn't discuss is the collective $1 billion-plus of losses suffered by people who invested in Trump Media & Technology Group Corp. The company, whose stock trades on the Nasdaq with the symbol DJT, owns Truth Social, Donald Trump's social media site where he posts his thoughts, day in and day out.
Trump stock forms first-ever death cross as DJT short interest rockets 50% in a month
After starting the year strong and more doubling its value between early January and late February – and experiencing a new rally in March, which sent it to its yearly highs above $66 – Trump Media (NASDAQ: DJT) stock has seemingly entered a downward spiral in more recent months.
Trump's return to Twitter helps crush his Truth Social stock
Back in March, I reported on Donald Trump's newest stock-market venture, Trump Media & Technology Group Corp. DJT, which owns and operates his Twitter knockoff “Truth Social.”
Trump stock shorts climb as DJT crashes 40% in a month
Though the stock of Trump Media (NASDAQ: DJT) is, by press time, still having a positive 2024, being more than 30% in the green in the year-to-date (YTD) chart, its recent performance has been tumultuous.
Truth Social may be a barometer for Trump's presidential campaign—and stock is down after a $16 million loss
Donald Trump's presidential campaign may be experiencing some recent turbulence, and the same can likely be said about his social media platform, Truth Social.
DJT Stock Slips After Trump, Musk Talk on X. What It Means for Truth Social.
The conversation between the former president and the Tesla CEO seems to have left Trump Media investors downbeat.
Trump Media Stock (DJT) - Management Skips Opportunity To Reverse Weakness
DJT's second quarter earnings report was a dud. Management once again chose to skip an earnings call that would have provided in-person management commentary and an all-important Q&A session with analysts for all to hear - especially nervous shareholders.
Trump Media Stock Hits 4-Month Low After Light Revenue—Trump's Net Worth Sinks $170 Million
Shares of former President Donald Trump's social media company fell to their cheapest price in months Monday, following the first day of trading after the Truth Social parent reported its latest quarterly financial performance and as Trump returned to X, the Elon Musk-owned social media platform that is perhaps the chief competitor of Truth Social.
Stock Of The Day: Is Trump Media Stock About To Breakdown?
If understood and applied correctly, technical analysis is a study of supply and demand and market psychology. Classic chart patterns are graphical illustrations of these dynamics.
'Uncancellable' Trump Media Preannounces Meager Revenue
Trump Media & Technology Group Corp. operates Truth Social, a conservative social media platform, with thin revenues despite a $5 billion market cap. The company reported a net loss of $16.4 million, with significant expenses including legal fees and IT consulting costs. The company plans to expand its TV streaming platform, Truth+, to generate long-term revenue, but faces high development and operating expenses, leading to a questionable valuation.
Donald Trump's Trump Media Reports Scant Revenue, Soaring Operating Loss
Donald Trump's Trump Media reported sub-$1 million revenue again while operating costs soared in Q2. Trump stock DJT was little changed late Friday after tumbling for the week.
