Core Viewpoint - Trump Media & Technology Group (DJT) is experiencing significant stock declines, primarily due to President Trump's decision to sell shares, including his $2.3 billion stake, which has led to a loss of confidence among investors [1][3]. Group 1: Stock Performance - DJT stock has decreased by 62.67% over the past year, 43.39% year to date, and 17.05% in the last month [1]. - Technical indicators show bearish momentum, with DJT trading below key moving averages and a MACD of negative 1.54, suggesting further declines [2]. Group 2: Investor Sentiment - The stock has been popular among retail investors, with over 650,000 individual shareholders viewing it as a loyalty badge rather than a fundamental investment [4]. - The narrative is shifting as Trump and other insiders look to cash out, raising concerns about the stock's future without strong retail support [4][5]. Group 3: Future Outlook - The upcoming announcement of Trump's "liberation day" tariffs is causing unease in global markets, and questions arise about DJT's sustainability without its retail backing [5].