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0.00236162361623623 0.00210332103321035 0.00184501845018463 0.00276752767527686 0.00176199261992619 0.00184501845018463 0.00184501845018463 0.00184501845018463
Stock impact report

Trump Media Stock (DJT) - Three Issues Put It On Thin Ice [Forbes]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Forbes
Therefore, the earnings pattern has been poor. Other SPAC-merger companies with similar financials have seen their stock prices fall significantly below $10 (the usual pre-merger SPAC stock price). However, while Trump Media stock has declined from enthusiastic peaks, it has remained well above $10. But it is now closing in. Now is different and risk is greater This month's selloff is the result of three issues: First, the 3rd quarter report . It revealed a dramatic change from Trump Social activities, with a financial strategy of holding cash and not borrowing. However, in the past few months, Trump Media has changed its stripes. It has issued $1 billion of convertible notes and is buying large amounts of crypto currencies and other investments. Second, the structure of the new debt . The bonds enter a convertible or repayment stage in only one year, with investors determining what they want. Additionally, to ensure there is cash available, Trump Media must maintain a $1 bi Show less Read more
Impact Snapshot
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