President Donald Trump’s social-media stock is dropping in his first hours back in office.  Shares of Trump Media & Technology Group (DJT), which owns the Truth Social platform, were recently down 10% at about $36. They’ve mostly fallen since touching January highs above $40 and pre-election highs above $50, though they’re up for the year and well above lows they touched earlier in the fall.  The latest moves come as traders seek to position themselves for the start of a new administration. Since Trump’s r ...

Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social, has already experienced notable price swings this year, reflecting its historical volatility and the broader sentiment surrounding its political associations.On Monday, January 13, DJT shares surged by 9.6%, reaching $39.29, defying the broader market downturn as key tech stocks from the “Magnificent 7” opened lower. However, the stock retraced to $39.35 on Tuesday, reflecting a $3.56 (-8.30%).Despite this, DJT remains 8.67% h ...

Trump Media (DJT -8.30%) stock saw substantial sell-offs in Tuesday's trading. The company's share price closed out the daily session down 7.5% and had been down as much as 11% earlier in the day's trading.Trump Media posted big gains in Monday's trading in anticipation of Donald Trump's presidential inauguration next week, but the company's stock lost ground today. The social media specialist's share price fell in conjunction with Senate confirmation hearings for Pete Hegseth -- Donald Trump's nominee for ...

Trump Media & Technology Group (NASDAQ: DJT), the parent company of social media platform Truth Social, saw a lot of volatility in 2024. DJT stock would rally to incredible highs, only to see those gains erased just as quickly — and this happened multiple times over the course of the last year.To make matters even more strange (or exciting), Trump Media stock didn’t trade in a way consistent with its fundamentals — instead, price action was largely a reflection of public sentiment surrounding Donald Trump a ...

Stock Performance - Trump Media & Technology Group (DJT) shares surged approximately 17%, reaching levels not seen since before the election [1] - The stock has been relatively stagnant since early December but may see increased activity ahead of Trump's upcoming inauguration [2] - DJT shares experienced significant volatility, dropping below $12 pre-election due to fears of insider selling, then rising to nearly $55 before Election Day, and currently trading around $40 [3] Corporate News and Financials - The company has been quiet on the corporate news front, with no significant announcements or rumors regarding acquisitions [4] - Trump Media's last quarterly financial results were released in November, but these numbers have had minimal impact on the stock's performance [4]

Shares of Trump Media jumped more than 14% in midday trading Monday, ahead of President-elect Donald Trump's inauguration next week.The stock is now on pace for its best day since Nov. 18, when shares surged 16.65% following news that the company was in "advanced talks" to buy cryptocurrency trading firm Bakkt.Trump's inaugural celebrations will begin with a reception on Saturday, followed the next day by more festivities and a "victory rally." Trump will be sworn in for a second non-consecutive term in the ...

Though the trading week started on Monday, January 13, generally in the red, with all Magnificent 7 stocks opening below their latest close, several companies went against the grain and soared higher.One of the biggest spikes was evident with Trump Media (NASDAQ: DJT) shares, which soared 9.60% immediately after the morning bell to their press time price of $39.29. DJT stock 7-day price chart. Source: FinboldThe exact reason behind the surge is unclear as is if the rally will persist or fizzle out akin to t ...

Trump Media (DJT 2.23%) stock recorded huge gains across 2024's trading. The company's share price ended the year up 94.9%, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 index's level climbed 23.3%, and the Nasdaq Composite index's level climbed 28.6%. Trump Media stock started out this year trading under the "Digital World Acquisition Corp." name and the "DWAC" stock ticker. In addition to gains connected to the merger of Trump Media & Technology Group with the Digital World ...

Is Trump Media & Technology Group Corp. DJT stock climbing on optimism or concrete signals? The stock has surged 104% over the past year, with its rally appearing to align with President-elect Donald Trump‘s upcoming return to the White House.But will the momentum last?Technical Tea Leaves: Bullish, With A Dash Of Bear RiskDJT's current trend is technically strong. Chart created using Benzinga ProDJT stock, at $34.50, trades above its five, 20 and 50-day exponential moving averages, signaling a bullish out ...

Which of these social media stocks is a better long-term investment?Trump Media & Technology Group (DJT 4.48%) and Meta Platforms (META 4.23%) represent different ways to invest in the social media sector. Trump Media owns Truth Social, an X-like social media platform that targets a niche of conservative-leaning users. Meta is the market leader that owns Facebook, Instagram, Messenger, and WhatsApp.Over the past 12 months, Trump Media's stock rallied 95% as Meta's stock advanced 73%. Both stocks easily outp ...