If Trump Won So Big, Why Is His Media’s Stock Cratering?
The case for DJT always relied on the namesake’s comeback. Now that he’s got it, the share price is floundering.
Trump’s social media stock spikes and then fades fast after election victory
Truth Social owner Trump Media & Technology Group, Trump’s social media company, initially skyrocketed in value after CNN and other media outlets projected Trump won Tuesday’s presidential election. Trump Media’s stock,
Better Social Media Stock: Trump Media vs. Rumble
Analysts haven't set any long-term estimates for Trump Media yet, but the stock is absurdly valued relative to its past sales. With an enterprise value of $5.77 billion, it trades at over 1,440 times last year's sales. Therefore, it's a meme stock that could easily plummet more than 90% and still be overvalued.
Is Trump Media Stock Heading Back to All-Time Highs?
Trump Media & Technology Group (NASDAQ: DJT) stock could become a hot buy after Donald Trump's election win last week. As the former president heads back to the Oval Office next year, there could be a lot more excitement around Trump Media stock and anything related to the Trump brand.
Trump Media Execs Dumped Millions in Stock After the Election
The CFO of Trump Media and two other executives sold a combined $16 million in stock after the presidential election, according to SEC filings and a report from CNBC. The news comes as social media users contemplate whether there will be any uncomfortable competition between Truth Social and X now that Donald Trump has tapped X owner Elon Musk to run some kind of commission to slash the federal budget by a third.
Trump Media Stock Fell This Far Since the Election. Here’s What’s Happening With DJT.
Trump Media stock was one of the clearest Trump trades going into the Nov. 5 election. The stock, which trades under the ticker DJT, fell further in early trading Thursday, slipping 5.9% to $27.22 even after Wednesday’s late call that Republicans will keep control the House.
Trump Media Insiders Sold $16 Million of Shares. Look Who Ditched Their DJT Stock.
Trump Media insiders sold stock worth more than $16 million in the days after last week’s presidential election, according to a series of filings late Tuesday.
Top Execs At Trump Media Sell Over $16 Million In Company Stock After Election
CFO Phillip Juhan sold the majority of the company's stocks, while director Eric Swider and general counsel Scott Glabe each sold smaller amounts of the shares. Trump stated that he has no intention o
Top Truth Social executive sells millions of dollars’ worth of company stock
The CFO of the company that owns Truth Social, along with two other company insiders, has sold over $16 million worth of the ...
Shares in Trump's social media company spike after president-elect says he won't sell stake
Trump Media’s stock price increased by nearly 16 percent to $32 per share on Friday, as investors reacted to the news.
Trump Media stock halted three times, closes down on Election Day: What's next for DJT?
On Election Day as voters headed to the polls, the wild fluctuations that have become the hallmark of Trump Media & ...
Could an X and Truth Social merger be in the works? Why some believe the Musk-Trump partnership could go beyond politics
As the bromance between President-elect Donald Trump and Elon Musk continues, some now believe that a merger could be in the ...
Trump Media’s Stock Price Soars on His Presidential Win Before Cooling Off
After Donald Trump's presidential victory, shares of Trump Media soared more than 30% before drifting back down.
Indian stock market’s consecutive slides drive netizens to post memes on social media; check out here
The Indian stock market closed in the red for the sixth day in a row on Thursday. Social media users took the opportunity to ...