Shares of President-elect Donald Trump’s media company, Trump Media & Technology Group (NASDAQ: DJT), are seeing a downturn in Thursday trading. This decline comes after an initial surge in share prices following Trump’s election victory. The shift in investor sentiment is evident as the stock price adjusts, reflecting changing market perceptions and expectations.
Currently, DJT is priced at around $28.94, marking a significant decrease of 19.52%, or $7.02. This drop indicates a notable shift from the initial optimism that surrounded the stock. The stock’s daily fluctuation, with a low of $27.90 and a high of $31.96, highlights the volatility investors are experiencing.
Over the past year, DJT has seen a high of $79.38 and a low of $11.75. This wide range underscores the stock’s volatility and the varying investor sentiment over time. The current market capitalization of DJT is approximately $5.79 billion, reflecting its size and market presence.
The trading volume for DJT is 49.34 million shares, indicating active investor interest despite the recent decline. This level of trading activity suggests that investors are closely watching the stock, possibly anticipating further changes in its value.
To view the company’s most recent earnings release, visit https://ibn.fm/AxiEx
About Trump Media & Technology Group Corp.
The mission of Trump Media & Technology Group is to end Big Tech’s assault on free speech by opening up the internet and giving people their voices back. Trump Media & Technology Group operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations. For more information, visit the company’s website at www.TMTGCorp.com.
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