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

19.57

Mkt cap

4.4B

Volume

2.5M

High

20.41

P/E Ratio

-8.56

52-wk high

79.38

Low

19.52

Div yield

N/A

52-wk low

11.75

The article highlights the top-performing mid-cap stocks from June 23 to June 29, including Tempus AI, Enovix Corporation, Grindr Inc., Trump Media & Technology Group, Credo Technology Group, Tecnoglass Inc., STAAR Surgical Company, RXO Inc., Global-E Online Ltd, and SentinelOne Inc. These stocks saw significant gains due to various positive developments such as FDA clearance, strategic partnerships, revenue guidance updates, and analyst upgrades.

Portfolio Pulse from Lekha Gupta

June 30, 2024 | 8:20 pm

Prison stocks, specifically The Geo Group (NYSE:GEO) and CoreCivic Inc (NYSE:CXW), saw gains following the first 2024 presidential debate, where immigration was a key topic. Trump Media & Technology Group (NASDAQ:DJT) initially surged but later fell. Analysts like Andrew Left and Michael Burry are bullish on GEO due to its role in immigration detention and government contracts.

Portfolio Pulse from Chris Katje

June 28, 2024 | 4:57 pm

Shares of Trump-linked stocks are trading lower amid volatility following Thursday's debate.

Portfolio Pulse from Bill Haddad

June 28, 2024 | 3:40 pm

The U.S. Supreme Court is set to rule on former President Donald Trump's claim of presidential immunity from prosecution on Monday. This decision could have significant implications for the political landscape and potentially impact market sentiment.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 2:56 pm

The market reacted to the Biden-Trump debate, with a 2.6% rise in May PCE matching expectations. Nike's stock fell due to a poor outlook, causing Footlocker and Sketchers to also decline in sympathy.

Portfolio Pulse from Bill Haddad

June 28, 2024 | 2:36 pm

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:17 pm

Market-Moving News for June 28th includes significant movements for Protagonist Therapeutics, Trump Media & Technology Group, and Carisma Therapeutics. Protagonist Therapeutics will join the S&P SmallCap 600, Trump Media & Technology Group shares rose following a presidential debate, and Carisma Therapeutics shares surged after announcing a new development candidate in collaboration with Moderna.

Portfolio Pulse from ryanfaloona@benzinga.com

June 28, 2024 | 12:37 pm

Trump Media & Technology Group (NASDAQ:DJT) shares soared premarket following the first 2024 presidential debate between President Joe Biden and former President Donald Trump. Biden's performance raised concerns about his age, while Trump reiterated his election denialism. The court's rejection of a bid to limit White House interactions with social media companies also impacted DJT's stock.

Portfolio Pulse from Anusuya Lahiri

June 28, 2024 | 11:04 am

Trump Media & Technology Group shares are trading higher following Thursday's presidential debate.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:04 am

Major U.S. stock indices closed positively on Thursday. Key stocks on investors' radars included Trump Media & Technology Group, Palantir Technologies, Nike, Chewy, and Tesla. Trump Media shares declined, Palantir rose due to a strategic partnership, Nike saw a slight increase despite a revenue drop, Chewy declined slightly, and Tesla rose following optimistic comments from Elon Musk.

Portfolio Pulse from Benzinga Neuro

June 28, 2024 | 3:01 am

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