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Djt Stock

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business1 year ago

Trump Denies Selling Media Shares Amid Stock Volatility

DJT stock surged 15% after Donald Trump announced he would not sell his shares in Trump Media & Technology Group, countering rumors of a potential sale. Trump's statement on Truth Social emphasized his commitment to the platform, which he founded after being banned from major social media sites. Despite recent volatility and a reported net loss of $19.25 million in Q3, DJT's stock has rallied over 70% in the past month, buoyed by Trump's recent presidential election victory.

business1 year ago

Trump Media Stock Plummets, Erasing Post-Election Gains

DJT stock, associated with Trump Media & Technology Group, fell by 22% on Thursday, reversing gains made after Donald Trump's presidential election victory. The stock has been volatile, reflecting Trump's political fortunes, and is down 10% over the past five days despite a 120% rally in the past month. Analysts describe the stock as a binary bet on the election, with recent volatility attributed to a 'buy the rumor, sell the fact' strategy. The company reported a narrower net loss for Q3 but saw a slight revenue decline, and its fundamentals remain in question.

business1 year ago

Trump Media Stock Volatility: Gains Erased Post-Election

DJT stock, associated with Trump Media & Technology Group, experienced a significant drop in premarket trading, reversing gains made after Donald Trump's presidential election victory. The stock's volatility is linked to Trump's political prospects, with strategists describing it as a binary bet on the election outcome. Despite a recent rally, DJT has faced financial challenges, reporting a net loss and declining revenue in its latest quarterly results. The stock's fluctuations reflect a 'buy the rumor, sell the fact' strategy, and it has been compared to meme stocks due to its unpredictable movements.

business1 year ago

Trump's Election Win Boosts DJT Stock and Wealth

Shares of Trump Media & Technology (DJT) surged after Donald Trump won the 2024 presidential election, with his stake now valued at $4 billion. The stock, which acts as a sentiment indicator for Trump, rose 38% pre-market and closed up 6% at $35.96. Despite a Q3 loss, the company reported no debt and $673 million in cash. DJT's performance is closely tied to Trump's political fortunes, with significant volatility observed around election events and market speculation about a potential merger with Elon Musk's X.

business1 year ago

Trump's Election Win Sends Media Stock Soaring, Doubling His Net Worth

DJT stock surged by up to 25% in early trading after Donald Trump won the presidential election against Kamala Harris, securing the necessary 270 electoral votes. The stock, associated with Trump's social media platform Truth Social, experienced significant volatility, with shares eventually settling at a 10% gain. Trump's victory increased his stake in DJT to approximately $4.4 billion. Analysts had predicted the stock's performance would be highly dependent on the election outcome, with some suggesting it could drop significantly if Trump lost.

finance1 year ago

Trump Media Stock Surges Amid Election Day Volatility and Earnings Boost

DJT stock surged 27% in premarket trading as Donald Trump neared a presidential election victory, securing 267 electoral votes against Kamala Harris's 224. The stock, linked to Trump's media company, experienced volatility with trading halts and a 1% drop on Tuesday. Investors view DJT as a binary bet on the election outcome, with strategists predicting a potential decline if Trump wins. The stock's volatility is likened to meme stocks, and its recent rise follows shifts in betting markets favoring Trump.

finance1 year ago

Trump Media Stock Sees Volatile Swings Amid Election Results

DJT stock, associated with Trump Media & Technology Group, experienced significant volatility, surging 25% in after-hours trading before settling at a 10% rise as early election results came in. The stock's movement is closely tied to the presidential election between Donald Trump and Kamala Harris, with investors anticipating further swings. The stock had previously faced a sharp decline, losing 20% last week, but has doubled since September lows. Analysts warn of potential drastic drops if Trump loses, highlighting the stock's binary nature tied to election outcomes.

business1 year ago

Trump Media Reports $19M Loss Amid Surprising Earnings Announcement

On Election Day 2024, Trump Media & Technology Group's DJT stock experienced significant volatility, being halted three times due to sudden price drops. The company reported a 5.6% decline in third-quarter revenue compared to the previous year, though this was an improvement from the prior quarter's 30% drop. Despite a $19.2 million loss, the stock initially surged 19% before closing down 1%. The stock's erratic performance has drawn comparisons to meme stocks, with fluctuations tied to news about Donald Trump, who holds a 57% stake.

finance1 year ago

Trump Media Stock Volatility Mirrors Election Day Tensions

Trump Media & Technology Group's stock (DJT) experienced significant volatility, briefly halting trading as investors reacted to the ongoing U.S. presidential election between Donald Trump and Kamala Harris. The stock, which has seen wild swings and a recent 20% decline, is highly sensitive to election outcomes, with predictions suggesting a potential plunge to $0 if Trump loses. The stock's volatility is likened to meme stocks, with its trajectory influenced by election betting markets and polling data.

finance1 year ago

Trump Media Stock Soars Amid Election Day Speculation

DJT stock surged by 15% as Election Day began, recovering from a 20% decline last week. The stock's performance is closely tied to the presidential election between Donald Trump and Kamala Harris, with investors anticipating continued volatility. Some analysts warn that a Trump loss could cause the stock to plummet to zero, while others note its meme-stock characteristics. Betting markets and polls show a tight race, influencing the stock's recent fluctuations.

finance1 year ago

Trump Media Stock Volatility Mirrors Election Day Drama

DJT stock surged over 10% as Election Day began, continuing its recovery from a significant decline last week. The stock's performance is closely tied to the presidential election outcome between Donald Trump and Kamala Harris, with high volatility expected. Investors are cautious, as a Trump loss could lead to a drastic drop in stock value. The stock has been volatile, reflecting shifts in betting markets and polling data, with both candidates in a tight race.

finance1 year ago

Trump Media Stock Surges Amid Election Day Speculation

DJT stock, associated with Trump Media & Technology Group, experienced a 12% rise on Monday and continued to climb in premarket trading on election day, despite a significant decline the previous week. The stock's volatility is linked to the upcoming presidential election, with investor Matthew Tuttle suggesting it could drop to zero if Trump loses. The stock has been influenced by betting markets and polls showing a tight race between Trump and Democratic nominee Kamala Harris. DJT has been volatile, reflecting its meme-stock characteristics.

businessfinance1 year ago

Markets Surge as Trump Survives Assassination Attempt

Shares of Trump Media & Technology Group (DJT) surged by 41% after former President Donald Trump survived an assassination attempt at a Pennsylvania rally. Other Trump-related stocks, like Rumble (RUM), also saw gains. Despite the dramatic event, experts believe it will have a short-term positive impact on Trump's campaign but not a lasting effect on his presidential chances. DJT stock has experienced volatility, influenced by various events including Trump's legal issues and political activities.