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

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Portfolio Pulse from Avi Kapoor

August 21, 2024 | 5:48 pm

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Portfolio Pulse from Benzinga Insights

August 21, 2024 | 5:35 pm

Trump Media & Technology Group shares are rising as President Trump holds his first outdoor rally since an assassination attempt, coinciding with the Democratic National Convention. Additionally, Robert F. Kennedy Jr's campaign is considering a potential alliance with Trump.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:29 pm

Donald J. Trump announced on Truth Social that he will be delivering remarks on National Security from Asheboro, North Carolina.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 3:52 pm

Trump Media & Technology Group (NASDAQ:DJT) has seen its stock hit new lows since its public debut in March 2024. The stock, which opened at $70.90, is now trading at $21.42. Marjorie Taylor Greene, who invested in the SPAC Digital World Acquisition (DWAC) before the merger, is facing significant losses on her investment. Despite the downturn, major institutional investors like BlackRock and Vanguard have bought shares recently.

Portfolio Pulse from Chris Katje

August 20, 2024 | 10:08 pm

J.D. Vance's campaign plane, a chartered 737, was forced to make an emergency landing due to a malfunction with its main cabin door. The plane returned to Milwaukee, where Donald Trump's running mate had appeared earlier with local police officers.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:46 pm

Kamala Harris's campaign has confirmed a second presidential debate with Donald Trump in October, following their first debate on September 10. The campaign rejected additional vice presidential debates. JD Vance and Tim Walz will debate on October 1, with another Vance debate on September 18. The September debate will be hosted by ABC News, while the sponsor for the October debate is yet to be determined.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:13 pm

Several large fund management companies, including BlackRock, Vanguard, State Street, and Charles Schwab, bought shares of Trump Media & Technology Group (NASDAQ: DJT) in Q2. Despite a 40% decline in the past month, the stock has risen over 43% in the past year. The stock's volatility is influenced by Trump's activities and the 2024 election race. Trump Media recently reported Q2 revenue of $840,000 and a net loss of $16.4 million.

Portfolio Pulse from Chris Katje

August 15, 2024 | 4:54 pm

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