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-0.000280787139949167 -0.0008540608840116 -0.00379062638931147 -0.00496057280576557 -0.0102253316798091 -0.0113952780962632 -0.0131501977209445 -0.0236797154690316
Stock impact report

Things Are Suddenly Looking Incredibly Bad for Trump's Social Media Company [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
President Donald Trump's struggling Truth Social social network, traded on the stock market as Trump Media & Technology Group (TMTG), revealed earlier this month that it had burned through a staggering $712.1 million last year — while only making $3.7 million. The company's alarming financials did little to buoy waning investor enthusiasm, with shares continuing a months-long plunge that reached an all-time low last week Somehow, the situation has only gotten even more dire since then, with shares dipping well below $9. At the time of writing, TMTG's shares are circling the drain at around $8.59, a stunning loss of over 50 percent over the last six months and over six percent today alone. It's a far cry of the venture's record high of just shy of $80 shortly after it merged with a blank check acquisition company in March 2024, a move allowing it to be publicly listed under Trump's initials, DJT. TMTG has desperately attempted to reinvent itself several times over the last yea Show less Read more
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