Coral Gables, Florida--(Newsfile Corp. - January 23, 2025) - America's much-revered founders started an imperfect republic with democratic attributes, which accommodated amendments and led to a more perfect union of federalist states. As our constitution evolved, voting rights expanded and information became publicly available. At the same time, individuals and entities with special interests began to influence the legislative process by funding the election campaigns of politicians, who became dependent o ...

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 ...

Stock Performance and Volatility - DJT shares surged by 9.6% on January 13, reaching $39.29, despite a broader market downturn [1] - The stock retraced to $39.35 on January 14, reflecting an 8.30% decline [1] - DJT remains 8.67% higher over the past five days and 15.67% year-to-date [2] - The stock has traded within a wide range of $32.75 to $43.31 over the past month, currently sitting in the middle of that band [2] Technical Analysis - Trading volume has significantly slowed over the past few days, a concerning sign for bullish traders [3] - Support is identified around $34.61, with a support zone between $33.47 and $34.01 [3] - Resistance is noted at $39.36 (weekly time frame) and $42.92 (daily time frame) [3] - Pre-market DJT price is $40.74, reflecting a 3.53% increase [3] Market Sentiment and Speculation - DJT stock is driven by market sentiment and political speculation rather than financial fundamentals [7] - The stock is seen as a volatile play, with potential for both pullbacks and further upside [7] - Many investors view the current run-up as speculative, with potential profit-taking around Inauguration Day on January 20 [6] Price Predictions - There are no analyst ratings or price forecasts available for DJT due to its speculative nature [5] - Market analyst Jon Markman has forecasted a potential price target of $55, citing the stock's momentum and historical performance during key political events [5][6] Future Outlook - The next few weeks, leading up to Inauguration Day, may set the tone for DJT's performance in the coming months [8]

Core Viewpoint - Trump Media's stock has experienced significant volatility, with a notable decline of 7.5% in a single trading session, reflecting market reactions to political events surrounding the incoming administration [1][2][3]. Stock Performance - The stock saw substantial gains prior to the recent decline, rising 16.5% year to date despite the pullback [5]. - Earlier trading sessions indicated a drop of up to 11% during the day, highlighting the stock's volatility [1]. Political Context - The decline in stock price coincided with Senate confirmation hearings for Pete Hegseth, Donald Trump's nominee for defense secretary, which have been contentious and closely watched [2][3][4]. - Analysts suggest that while the confirmation process may not directly impact Trump Media's business fundamentals, it could lead to short-term stock price fluctuations [4]. Financial Performance - Trump Media reported a modest sales figure of $1 million in its last quarterly report, alongside interest income of $4.7 million, but also a net loss of $19.2 million [6]. - The company's market capitalization stands at approximately $8.5 billion, indicating a valuation that anticipates significant future growth in sales and earnings [7]. Future Outlook - Investors are speculating on potential growth avenues for Trump Media, including possible ventures into cryptocurrency and expansion of its social media and streaming services [7]. - The current stock valuation is heavily dependent on anticipated growth, which presents inherent risks at present price levels [7].

Core Viewpoint - Trump Media & Technology Group (NASDAQ: DJT) has experienced significant stock volatility in 2024, with rapid price increases followed by equally swift declines, largely influenced by public sentiment regarding Donald Trump and his presidential campaign [1][2]. Stock Performance - DJT stock saw a notable rally of 9.60% on January 13, reaching $39.29, despite a generally negative market environment [2]. - As of the latest update, DJT stock price rose to $41.80, marking a weekly gain of 22.40% [3]. - The stock previously peaked at $51.51 in late October, raising questions about the potential for another rally to surpass the $50 mark [4]. Market Sentiment and Trading Dynamics - The recent surge in DJT stock is attributed to news coverage surrounding Trump's upcoming inauguration, leading traders to speculate on further price increases [4]. - To reach $50 per share, DJT stock would need to increase by 19.61%, a feat that, while challenging, is not unprecedented given the stock's history of double-digit surges linked to favorable developments for Trump [5]. Historical Context - The stock has previously experienced a 60% rally following a significant event related to Trump, and a 16.5% increase was triggered by the announcement of acquiring crypto trading platform Bakkt [6]. Current Trading Conditions - A recent premarket dip of 8.53% has brought the stock price down to $39.25, which may prompt traders to take profits from long positions [7].

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 ...

Core Insights - Trump Media (NASDAQ: DJT) shares experienced a significant surge of 9.60% to a price of $39.29 at the start of the trading week on January 13, despite a generally negative market trend for the Magnificent 7 stocks [1] - The reason for the surge remains unclear, and there is uncertainty about whether this rally will continue or fade, similar to previous fluctuations in late December and early January [2] - The stock has become a proxy for political support for Donald Trump, with its performance closely tied to his electoral prospects, particularly as the inauguration day approaches [3][6] Stock Performance Trends - DJT shares have shown volatility, previously rallying from lows of $34.71 to highs above $37 in late December, and from $34.06 at the start of 2025 [2] - The stock peaked above $50 at the end of October, reflecting the psychological connection between Trump's political success and the company's market performance [5] - The recent upswing in DJT shares breaks a trend of lower highs and lower lows that followed the latest Federal Open Market Committee meeting [2] Market Context - The overall stock market situation appears uncertain, influenced by high valuations in leading stocks, particularly in the technology sector, as well as inflation and interest rate forecasts [7] - The potential for DJT's volatility to increase is linked to the performance of other major assets, such as Bitcoin, which could impact the anticipated inauguration rally [8]

Core Viewpoint - Trump Media's stock experienced significant gains in 2024, closing the year up 94.9%, outperforming major indices like the S&P 500 and Nasdaq Composite [1] Group 1: Stock Performance - Trump Media stock began 2024 trading under the "Digital World Acquisition Corp." name and saw gains linked to the merger with the Digital World Acquisition SPAC and the presidential election [2][3] - The stock surged on March 25 after the SPAC merger was completed, transitioning to operate under the Trump Media name and the "DJT" ticker [4] - Despite a slump in summer, the stock rose in fall due to increasing investor confidence in Trump's presidential prospects, leading to significant gains before and after the election [5] Group 2: Current Market Dynamics - In 2025, Trump Media stock has continued to rise by 3.5%, contrasting with declines in the broader market indices [6] - The stock is gaining traction ahead of President-elect Trump's inauguration, with investors optimistic about potential bullish developments [7] Group 3: Financial Health and Risks - Trump Media's market capitalization stands at approximately $7.7 billion, despite minimal sales, with only $1 million reported in the third quarter [8][9] - Engagement on the Truth Social platform is low, and competition from other social media platforms may diminish its appeal, raising concerns about the sustainability of the stock's valuation [9]

Group 1 - DJT stock has surged 104% over the past year, aligning with President-elect Donald Trump's upcoming return to the White House [1] - The stock is currently trading at $34.50, above its five, 20, and 50-day exponential moving averages, indicating a bullish outlook [1] - Despite the bullish trend, selling pressure could indicate a risk of bearish movement ahead [2] Group 2 - A recent New York court ruling denied Trump's immunity plea in his felony case, leading to a slight dip in DJT stock [3] - The case involves a $130,000 hush money payment from the 2016 election cycle, with Trump already convicted of 34 felony counts for falsifying business records [3] - Despite legal challenges, Trump Media's stock remains resilient, supported by advertising revenue from its Truth Social platform and investor optimism regarding Trump's 2025 inauguration [4] Group 3 - DJT's performance appears to be closely tied to Trump's political fortunes, with technical indicators leaning bullish but facing potential headwinds [5] - The stock is trading above key moving averages, but ongoing legal and political developments add uncertainty to its trajectory [5] - Short-term bearish signals are indicated by the eight-day and 20-day simple moving averages, while the 50 and 200-day moving averages support the bullish case [7]