Trump Media Stock (DJT) - A Meme Stock Plummet Can Be Hard To Stop
DJT's rapid 300% runup on 1.3B share volume just met its match: The stout $50 barrier. As a meme stock, it is driven by social media popularity with a simple rationale: The Trump brand link to Donald Trump's possible election win.
DJT stock erases recent gains in volatile trading day as Trump, Harris election nears
In August, DJT reported second quarter results that revealed a net loss of $16.4 million, about half of which was tied to expenses related to the company's SPAC deal. The company also reported revenue of just under $837,000 for the quarter ending June 30, a 30% year-over-year drop.
It's not exactly clear what sparked the two-day sell-off, but DJT shares have attracted a number of speculators and short ...
The massive swings come as the stock suffered its largest percent decline on Wednesday after shares plunged around 22%. Since ...
During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a ...
Trump Media has been volatile since it began trading in March, initially surging to a valuation that topped $9 billion ...
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Trump Media Stock Crashes in Sign of Struggling Election ProspectsThe stock “currently serves primarily as a proxy for the election,” the research group S3 Partners wrote on Tuesday. “Trump ...
DJT stock has increased risk of a short squeeze around the 2024 presidential election, data from S3 Partners suggests.
Shares of Trump Media & Technology Group Corp. are tumbling more than 16% Wednesday, putting the stock on pace to snap its ...
Six days until Election Day, much of the political debate is about "garbage." First, the backlash over a comedian's racist comments about Puerto Rico that former President Donald Trump has not ...
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