"Jim Cramer Warns of Potential 95% Drop in Trump's Truth Social Stock"

Trump Media & Technology Group Corp, trading under the DJT ticker, has drawn attention as a "meme stock" with its valuation being flagged as "overvalued" by CNBC's Jim Cramer. The company's market cap far exceeds its modest revenue and operational losses, and its stock price is being driven by a mix of Trump's supporters and speculative traders, detached from traditional financial metrics. The stock's status as a meme stock is further magnified by significant short interest and its association with the 2024 election cycle. Despite the company's positive stock performance, former president Donald Trump faces constraints on liquidating his shares due to market regulations, and the necessity to post a reduced $175 million bond in his New York fraud case.
- Trump's Stock Gets a Warning From Jim Cramer Newsweek
- Trump’s DJT stock creates a unique new ethical nightmare CNN
- Trump's Truth Social Enablers - WSJ The Wall Street Journal
- Many People and Companies Have Made Millions on Trump Media's Stock The New York Times
- Trump's social media company rises 16% in first day trading gains, but the stock could fall 95%, says an IPO expert Fortune
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