Trump Media shares hit post-merger low as DJT slump continues
The share price of Trump Media, which trades under the ticker DJT, had surged after Donald Trump was nearly assassinated at a campaign rally.
https://www.cnbc.com/2024/08/19/trump-media-djt-stock-harris-earnings.html
Trump Media's stock price, with a 3% decline below $22.40, hit a low point, following a surge in July after Trump's campaign rally incident. Trump's popularity impacts the company's success, with quarterly losses and minimal revenue. The stock's market capitalization stands at $4.5 billion, despite the financial struggles. Trump's contractual limitations on political social media posts on their platform lead him to utilize larger social media networks for political messaging.