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Stock impact report

Trump Media Has Big Plans—And Falling Shares. What's Next for ‘DJT' Stock? [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
The Trump-family owned parent company of Truth Social tapped a new interim chief after Devin Nunes, a former California congressman, stepped down on Wednesday. Trump Media & Technology Group's market capitalization, over $10 billion at its peak, is now at about a quarter of that. Trump Media & Technology ( DJT ) has taken investors on a wild ride. Unfortunately for them, it's mostly been downhill. And it's unclear when that might change, with the stock extending its slide as the company—parent of social media platform Truth Social , part-owned by President Donald Trump—appears to plotting a new path under new leadership. Trump Media earlier this week appointed Kevin McGurn its interim CEO after its longtime chief, former Congressman Devin Nunes, stepped down. Trump Media, then led by Nunes, seemed on the upswing as Trump clinched a second term, with a market capitalization around $9 billion. More recently, it has reported steep financial losses, and announced a deal with fusi Show less Read more
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