Streetbeat News

DJT

Trump Media & Technology Group Corp.

Industry

Internet Content & Information

Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.

Open

26.91

Mkt cap

6.1B

Volume

19M

High

28.88

P/E Ratio

-65.35

52-wk high

79.38

Low

26.81

Div yield

N/A

52-wk low

11.75

Several mid-cap stocks experienced significant gains last week. ImmunityBio, Stride, and iRhythm Technologies were among the top performers due to positive clinical trial progress, strong earnings, and FDA clearance, respectively. Other notable gainers included Trump Media & Technology Group and Celestica.

Portfolio Pulse from Lekha Gupta

October 27, 2024 | 2:00 pm

Chris Pavlovski, CEO of Rumble Inc. (NASDAQ:RUM), has become a key figure in right-wing politics by supporting Trump Media & Technology Group Corp (NASDAQ:DJT) with technical infrastructure for Truth Social. Rumble, backed by conservative investors, has grown significantly, becoming a platform for conservative content. Pavlovski's international hiring practices have raised concerns, but his influence in conservative circles continues to grow.

Portfolio Pulse from Nabaparna Bhattacharya

October 26, 2024 | 8:54 pm

Trump Media & Technology Group (NASDAQ:DJT) stock has surged due to the launch of the Truth+ app and Donald Trump's increasing chances in the 2024 presidential election. The stock rose 31% in five days and 175% in thirty days. Trump's appearance on Joe Rogan's podcast is expected to further influence the stock.

Portfolio Pulse from Anusuya Lahiri

October 25, 2024 | 6:36 pm

Booz Allen Hamilton reported strong Q3 earnings, with EPS and sales surpassing expectations, leading to a 10% stock price increase. Other companies like ImmunityBio, Newell Brands, and Deckers Outdoor also saw significant gains due to positive news.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 6:09 pm

Chinese hackers reportedly targeted phones used by Trump and Vance, potentially accessing data through a breach of American telecommunications systems.