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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

Vanguard, BlackRock, and State Street have made significant purchases in Trump Media & Technology Group ahead of its inclusion in the Russell Index. Vanguard acquired 2.9 million shares, BlackRock bought 2.2 million shares, and State Street purchased 440,000 shares. Other investors include Greenwich Wealth Management with 350,000 shares and Hudson Bay Capital adding 52,000 shares.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:59 pm

Trump Media & Technology Group (NASDAQ:DJT) saw its shares dip and approach record lows following disappointing quarterly results and former President Donald Trump’s return to the social media platform X. The company's stock has been volatile, facing challenges as Trump's lead in polls shrinks and significant spending on a new streaming service raises concerns about its future.

Portfolio Pulse from Anusuya Lahiri

August 15, 2024 | 12:31 pm

Eric Trump has hinted at a major cryptocurrency initiative by The Trump Organization, focusing on decentralized finance (DeFi) and 'digital real estate.' This move aims to disrupt traditional banking and finance. Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) saw a slight decline following the announcement.

Portfolio Pulse from Aniket Verma

August 15, 2024 | 5:54 am

Trump Media & Technology Group shares are trading lower, potentially due to Donald Trump's recent activity on X and the UAW filing federal labor charges against Trump and Elon Musk.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:58 pm

The United Auto Workers (UAW) has filed federal labor charges against Donald Trump and Elon Musk. This development could have implications for companies associated with these individuals.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:09 pm

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:15 pm

Trump Media & Technology Group Corp. (NASDAQ:DJT) continues to decline in premarket trading after a significant drop on Monday. The company reported a Q2 loss of $16.4 million and revenue of $837,000. Trump's return to X and the faltering metrics of Truth Social are contributing to the stock's downward pressure.

Portfolio Pulse from Shanthi Rexaline

August 13, 2024 | 12:27 pm

The FBI has announced an investigation into an alleged hack of the Trump campaign by Iran. This development could have implications for political stability and cybersecurity concerns.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:55 pm

Former President Donald Trump and Tesla CEO Elon Musk are set for a sit-down interview on X (formerly Twitter) on Monday night. Trump's return to X included a tweet of his mugshot and a campaign video, which gained significant traction. The interview is expected to help X break into the live-streaming industry, despite past technical issues. Shares of Trump Media & Technology Group (NASDAQ:DJT) traded lower following Trump's return to X.

Portfolio Pulse from Aaron Bry

August 12, 2024 | 4:59 pm

Donald Trump made his first post on X since August 24, 2023, which led to increased trading volume in shares.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 3:21 pm

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