Shares of Trump Media & Technology Group have plunged since the company began trading in March, driven by a combination of operational challenges, legal woes and competition in the social media landscape. The parent company of Truth Social, majority-owned by
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Trump Media shares are in free fall
Truth Social owner Trump Media & Technology Group has gone ice-cold. The conservative social media company has lost roughly half its market value since May 30, and Trump Media’s volatile share price (DJT) tumbled another 5% on Friday, leaving it
Trump’s Truth Social stock takes turbulent swings after verdict
The stock price of former President Donald Trump’s social media platform Truth Social made turbulent swings in the aftermath of his conviction in a New York court on Thursday. In the immediate aftermath of the verdict, the stock price of Truth
Trump Media lost more than $300 million last quarter on very little revenue
Trump Media & Technology Group lost more than $300 million during the first quarter and generated very little revenue, the owner of Truth Social announced in a press release Monday. Experts like Cordell Eminent Scholar Jay Ritter have said the price
GameStop, AMC stock booming after Roaring Kitty’s return. Will Trump Media stock follow?
Experts have likened Trump Media & Technology Group’s trading to a meme stock, given the prices seem to be driven more by popular support rather than the business’s financial success or outlook. Cordell Eminent Scholar Jay Ritter explains that many meme
DJT stock rebounds since hush money trial low. What to know about Truth Social trading.
Cordell Eminent Scholar Jay Ritter shares his insights on the parent company of social media platform Truth Social’s continued volatile journey on the stock market, doubling since a low three weeks ago. Read more in this story from USA Today.
The truth about Truth Social
It’s been just over a month since Trump Media & Technology Group — ticker symbol DJT — started trading on the Nasdaq. We recently learned from a regulatory filing that the company has issued around $1.5 billion worth of new
The Uncertainty Effect: Why IPOs May Be on Hold Until Post-Election
Historical trends suggest presidential elections don’t move the needle, but certain companies have delayed their IPOs because of presidential elections–and 2024 will be a divisive one. Cordell Eminent Scholar and IPO expert Jay Ritter shares his insights in this story
Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims
Trump Media & Technology Group is asking Congress to investigate its suspicions that illegal activity is driving down its share price. However, experts like Cordell Eminent Scholar Jay Ritter told CNN they are skeptical there is clear evidence of market
Donald Trump is on the verge of another $1 billion Truth Social windfall
Former President Donald Trump is on the cusp of scoring a major financial bonanza – at least on paper. As long as Trump Media & Technology Group’s share price doesn’t spectacularly implode before Tuesday’s closing bell, Trump is on track
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