Trump's Election Can't Help His Trash Stock—and Investors Are Pissed [Yahoo! Finance]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance
Stock in Trump Media & Technology Group has failed to pick up steam since its last peak at $51.51 a share near the end of October, causing some users—who had banked on a bigger postelection spike—to panic about the future of an investment irrefutably tied to Donald Trump's personal fortune. In the days since the last spike, TMTG has lost nearly half of its value, causing some users on a Truth Social investor board to lament , “The fact is we are in trouble.” The company, which was conceptualized after Trump was banned from traditional social media outlets over his followers rioting through Congress on January 6, has plainly struggled to generate revenue. A financial statement from Trump Media released on Election Day shared bleak ratios: The company had lost $363 million during the first three-quarters of the year and generated just $2.6 million in revenue. That was down 23 percent from last year, reported The Washington Post Earlier this month, Trump Media & Technology Group d
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DJT
News
- Trump Media explores crypto payment service to go along with Truth Social, filings show [Yahoo! Finance]Yahoo! Finance
- Trump Media explores crypto payment service to go along with Truth Social, filings show [Fortune]Fortune
- Trump's social media company is exploring a crypto payment service called TruthFi [Yahoo! Finance]Yahoo! Finance
- Trump's social media company is exploring a crypto payment service called TruthFi [CNN]CNN
- Trump's social media company considering crypto payment service, NY Times reports [Yahoo! Finance]Yahoo! Finance
DJT
Sec Filings
- 11/19/24 - Form 8-K
- 11/14/24 - Form SC
- 11/14/24 - Form 8-K
- DJT's page on the SEC website