Streetbeat News

DJT

Trump Media & Technology Group Corp.

https://tmtgcorp.com

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

Trump Media & Technology Group shares are experiencing an uptick, potentially recovering from a recent drop that followed the announcement of a new live streaming service.

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Portfolio Pulse from Avi Kapoor

April 17, 2024 | 2:55 pm

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Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:14 pm

Trump Media & Technology Group shares are trading lower, reversing from earlier premarket gains following the announcement of a new streaming platform. The initial excitement about the launch of the platform seems to have waned, leading to a decrease in the stock price.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:15 pm

World Trade Organization's Ngozi Okonjo-Iweala warns that if Trump is elected and imposes 10% tariffs, it would lead to a 'tit for tat approach' and a 'lose-lose' situation, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:59 pm

Trump Media & Technology Group Corp (NASDAQ:DJT) shares rose after announcing the completion of its new live TV streaming platform's R&D phase, planning to scale up its content delivery network. The platform will roll out in three phases, focusing on live TV, including news, religious content, and family-friendly programming. The announcement follows recent selling pressure on DJT shares due to Trump's court appearance for a criminal trial and a filing for the potential issuance of up to 21.49 million shares.

Portfolio Pulse from Adam Eckert

April 16, 2024 | 1:31 pm

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Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:20 pm

Trump Media & Technology Group's shares surged following the announcement of its upcoming streaming platform launch.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:25 am

Trump Media & Technology Group Corp. (NASDAQ:DJT), the operator of Truth Social, announced the completion of its new live TV streaming platform's R&D phase and plans to launch it in three phases, including integration with Truth Social's CDN, standalone OTT streaming apps, and apps for home TV.

Portfolio Pulse from Charles Gross

April 16, 2024 | 11:04 am

Donald Trump's criminal trial began with the judge denying his request for recusal and warning of jail for courtroom disruptions. Trump Media & Technology Group Corp.'s stock (DJT) fell 18.35% amid the trial's start and a secondary share sale filing. Mary Trump highlighted the trial's potential impact on public opinion and the 2024 election.

Portfolio Pulse from Shanthi Rexaline

April 16, 2024 | 7:41 am

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