Trump Media & Technology Group Corp. DJT Archives

TuesdayMar 18, 2025 12:20 pm

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Faces 50% Stock Decline Amid Market Volatility

Trump Media & Technology Group (NASDAQ: DJT) has experienced a significant downturn, with its stock price plummeting 50% since President Donald Trump's inauguration. The shares closed at a five-month low of $19.17 last week, reflecting broader market challenges. As of 11:48 AM EST on March 18, 2025, DJT's stock is trading at $20.06, reflecting a decrease of $0.50 (2.43%) from the previous close. To view the full article, visit https://ibn.fm/ZO2Dh About Trump Media & Technology Group Corp. Trump Media & Technology Group Corp. is a media and technology company founded by former President Donald Trump. The company aims to…

WednesdayFeb 26, 2025 10:15 am

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Paid Donald Trump Jr. $813K in 2024, Nearly a Quarter of Annual Revenue

Trump Media & Technology Group (NASDAQ: DJT) compensated Donald Trump Jr. $813,000 in 2024, despite his attendance at only two board meetings, accounting for nearly 25% of the company’s total revenue. The payment coincided with Trump Jr. gaining control over more than half of the company's shares, raising questions about the firm's financial structure and governance. As of 8:53 AM EST on Feb. 26, 2025, Trump Media & Technology Group's stock is trading at $23.81, reflecting a decrease of $1.90, or 7.38%, from the previous close. To view the full article, visit https://ibn.fm/zFnaU About Trump Media & Technology Group Trump…

ThursdayFeb 20, 2025 11:40 am

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) and Rumble Sue Brazilian Judge Over Alleged Censorship

Trump Media & Technology Group (NASDAQ: DJT), the owner of Truth Social, and video platform Rumble have filed a lawsuit against Brazilian Supreme Court Justice Alexandre de Moraes in a U.S. federal court in Tampa, Florida. The suit alleges that de Moraes violated First Amendment rights by ordering the suspension of U.S.-based accounts of Brazilian right-wing influencer Allan dos Santos, who resides in the United States. This legal action coincides with de Moraes receiving an indictment against former Brazilian President Jair Bolsonaro, accusing him of leading a plot to retain power after his 2022 election defeat. The plaintiffs seek a…

WednesdayFeb 19, 2025 11:25 am

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Raises $450 Million Through Share Sale to Yorkville Advisors

Trump Media & Technology Group (NASDAQ: DJT), the owner of Truth Social, secured $450 million by selling shares to Yorkville Advisors, a New Jersey-based investment firm. The deal represents more than half of the company’s cash on hand, reinforcing its liquidity ahead of a potential public listing. TMTG’s reliance on this financing structure signals its strategic push to sustain operations and expand its digital media presence. As of 10:05 AM EST on Feb. 19, 2025, shares of Trump Media & Technology Group (NASDAQ:DJT) are trading at $29.34, reflecting a modest increase of $0.11 (0.38%) from the previous close. Today’s trading…

FridayFeb 14, 2025 11:00 am

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Faces Market Volatility Amid Investor Concerns

Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social, is experiencing significant stock volatility. The company's stock has seen substantial fluctuations, with a 52-week range between $11.75 and $79.38. Analysts attribute this instability to the company's limited revenue streams and heavy reliance on former President Donald Trump's personal brand. Recent reports indicate that DJT has a Smart Score of 1, suggesting an underperforming outlook based on various data sets. As of February 14, 2025, Digital World Acquisition Corp. (NASDAQ:DWAC), the special-purpose acquisition company associated with Trump Media, is trading at $30.79, reflecting a slight increase of…

FridayJan 31, 2025 1:50 pm

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Expands into FinTech with Truth.Fi Launch

Trump Media & Technology Group (NASDAQ: DJT), known for its media ventures, is expanding into the financial services and FinTech sector with the launch of Truth.Fi. This platform will focus on cryptocurrency and customized exchange-traded funds (“ETFs”). It will offer separately managed accounts, ETFs and bitcoin investments. Charles Schwab will provide advisory services on investments and strategy. Trump Media plans to invest up to $250 million of its $750 million assets with Schwab. The launch of Truth.Fi aligns with Trump Media’s broader strategy to create an ecosystem that protects Americans from threats like cancellation and censorship. CEO Devin Nunes emphasizes…

TuesdayDec 17, 2024 1:15 pm

QualityStocksNewsBreaks – Insights from Morgan McGarvey’s Trade in Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock

Democratic Representative Morgan McGarvey recently made headlines with a trade involving Trump Media & Technology Group (NASDAQ: DJT), a company linked to President-elect Donald Trump. The trade occurred on Nov. 6, 2024, just after the presidential election, and was valued between $1,001 and $15,000. This timing was notable as it coincided with provisional results indicating Trump’s re-election. McGarvey, known for opposing Trump’s policies, claimed the purchase was made without his or his spouse’s knowledge and sold the stock two days later at a 7% loss. DJT stock, currently priced at approximately $37.90, has seen a decrease of about 1.57%, with…

TuesdayDec 03, 2024 2:05 pm

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) CEO Applauds Kash Patel’s FBI Nomination: ‘A Light to Restore Trust in the Bureau’

Trump Media & Technology Group (NASDAQ: DJT) is making headlines with its CEO, Devin Nunes, congratulating board member Kash Patel on his nomination as FBI Director by President-elect Trump. Nunes commends Patel’s legal and investigative skills, emphasizing his commitment to the Constitution and his efforts to uncover alleged misconduct in the Intelligence Community. TMTG is recognized for its platforms like Truth Social and Truth+, which focus on free speech and family-friendly content. The stock for DJT is currently priced at $32.95, marking a 1.42% increase, or $0.46. This reflects investor interest possibly influenced by the recent news of Patel’s nomination.…

ThursdayOct 24, 2024 11:45 am

QualityStocksNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Launches Truth+ on Android TV

Trump Media & Technology Group (NASDAQ: DJT) has launched its Truth+ streaming app for Android TV. This app offers diverse content, including news, entertainment and children’s programming, available through linear TV and Video on Demand (“VOD”). It enhances the Truth Social platform with features like live TV rewind and a Spanish language interface. CEO Devin Nunes emphasizes the importance of expanding to Android TV, complementing the existing Apple TV platform. This move aims to strengthen Truth Social as a hub for news and entertainment. DJT plans to extend Truth+ to other platforms like Samsung, LG, Amazon Fire, and Roku, enhancing…

WednesdayOct 09, 2024 1:35 pm

QualityStocksNewsBreaks – Shares of Trump Media & Technology Group Corp. (NASDAQ: DJT) Surge Following Presidential Campaign Event

Shares of Trump Media & Technology Group (NASDAQ: DJT), the operator of Truth Social, have recently experienced a notable surge, climbing up to 19%. This marks the company’s longest rally since June, with gains extending for the fourth consecutive day. The rally gained momentum following a presidential campaign event held by Donald Trump, the majority owner of Trump Media, alongside Tesla CEO Elon Musk in Pennsylvania. Trump Media is known for its social media platform, Truth Social, which aims to provide an alternative to mainstream social media networks. Despite the recent rally, the current price of DJT is approximately $20.97,…

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