Trump Media & Technology Group Corp. (NASDAQ:DJTWW – Get Free Report)’s share price dropped 1.2% on Thursday. The company traded as low as $2.12 and last traded at $2.43. Approximately 123,248 shares traded hands during mid-day trading, an increase of 339% from the average daily volume of 28,045 shares. The stock had previously closed at $2.46.
Trump Media & Technology Group Stock Down 1.2%
The company has a fifty day moving average of $4.45 and a 200-day moving average of $4.53.
Trump Media & Technology Group Company Profile
Trump Media & Technology Group is a technology and media company best known for Truth Social, a social media platform where users can post, share and discuss content. The company positions the platform as an alternative to larger social networks and has primarily targeted a U.S. audience.
The company has expanded its offerings with Truth+, a streaming service, and has introduced Truth.Fi as a brand for financial services and related products. These businesses extend TMTG beyond social media into digital content and financial technology.
Founded in 2021, Trump Media became a publicly traded company in 2024 through a business combination with Digital World Acquisition Corp.
Further Reading
- Five stocks we like better than Trump Media & Technology Group
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Trump Media & Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trump Media & Technology Group and related companies with MarketBeat.com's FREE daily email newsletter.
