DJT stock could be at risk as Trump Media headwinds rise

Core Insights - The DJT stock price has significantly declined this year due to a failed pivot to the crypto industry, struggles in its core business, and a drop in Donald Trump's approval ratings [1] Company Performance - The company's stock has collapsed as a result of its strategic shift towards the cryptocurrency sector not yielding positive results [1] - The core business of Trump Media is facing challenges, contributing to the overall decline in stock performance [1] Market Context - The decline in stock price is also linked to the decrease in Donald Trump's approval ratings, which may impact investor confidence and market perception [1]