Discover the wild ride of Trump's media stock and how it has shaken Wall Street! ๐ข #DJTStock #TrumpMedia
Trump's media venture, Truth Social, has been on a rollercoaster ride since its public debut. Within days of going public, DJT stock plummeted, causing significant losses for former President Donald Trump. The shares of Trump Media and Technology Group Corp. tumbled by 21% in Monday trading, resulting in approximately $1 billion in losses for Trump.
As if the initial blow wasn't enough, Trump Media disclosed a staggering loss of over $58 million with minimal revenue generated in 2023. Despite the rocky start, Donald Trump stands to receive an additional 36 million shares in the future, potentially adding more complexity to the already turbulent stock market journey.
Investors and spectators alike have been cautioned to approach Trump Media stock with caution. While the public trading debut was attention-grabbing, the volatility of DJT stock serves as a stark reminder of the high-risk nature of investing in such ventures.
Despite the ups and downs, Trump still holds a significant $3.6 billion stake in Trump Media, showcasing his enduring confidence in the project amidst the market fluctuations.
Less than a week after its public debut, shares of Trump Media tumbled after reports of huge losses.
Shares of Trump Media and Technology Group Corp. tumbled 21% in Monday trading, leading to about $1 billion in losses for former President Donald Trump - at ...
Truth Social owner Trump Media & Technology Group disclosed Monday that it lost more than $58 million and generated very little revenue in 2023.
Donald Trump stands to receive 36 million additional shares of Trump Media & Technology Group, the owner of Truth Social, that could vest in the coming ...
Trump Media's debut for public trading definitely caught Wall Street's attention, but don't go overboard with Trump Media stock now.
Trump still holds a cool $3.6 billion stake in Trump Media, the publicly traded entity behind his Truth Social platform.
Trump's media company is now trading below its opening stock price. The company on Monday disclosed mounting losses.
The stock is up more than 30% from where it traded on March 22, after its merger with a special purpose acquisition company was approved. It has soared about ...
It's about fun. Plus: Cashing out isn't as easy as it seems for the former president.