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Stock impact report

Trading Trump: Truth Social's first month of trading has sent investors on a ride [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
site of the new JPMorgan Chase headquarters in midtown Manhattan, Thursday, April 25, 2024, in New York. (AP Photo/Yuki Iwamura, File) ASSOCIATED PRESS WASHINGTON (AP) — There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it's clear that — like the man it's named after — there's nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised,” said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low. A day later, it had spiked in value. “This is not going to move on fundamentals, earnings, or anything I was taught in business school about how a stock is supposed to move," he said. With Trump facing dozens of federal felony charges and hundreds of millions in legal expenses, Trump Media went public on March 26 on the Nasdaq exchange. Unlike many oth Show less Read more
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