Trump Media & Technology Group Corp.(DJT)
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Why Trump Media Stock Is Plummeting Today
The Motley Fool· 2024-11-08 03:57
Donald Trump won the 2024 presidential election. So why is Trump Media stock sinking?Trump Media (DJT -21.57%) stock is seeing big sell-offs in Thursday's trading. The company's share price was down 20.4% as of 2:45 p.m. ET.Despite Donald Trump's victory in the presidential election, Trump Media stock is losing ground today. While there isn't any new business-specific news for the company or unfavorable political developments for Donald Trump, the social media specialist's share price is moving lower as inv ...
Trump Media shares dive, giving up Election Day gain
CNBC· 2024-11-07 21:00
Republican presidential nominee and former U.S. President Donald Trump speaks as he participates in an interview with billionaire entrepreneur Elon Musk on the social media platform X, at Mar-a-Lago in Palm Beach, Florida, U.S., August 12, 2024 in this picture obtained from social media.The stock dropped nearly 14% in the premarket, following a 5.9% pop on Wednesday after the Republican was elected the 47th president of the United States and is set to return to the White House for another four years.Shares ...
Trump Media: Election Results Won't Drive The Business
Seeking Alpha· 2024-11-07 03:25
If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start November, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and d ...
Why Trump Media Stock Is Soaring Today
The Motley Fool· 2024-11-07 01:50
文章核心观点 - 唐纳德·特朗普赢得了2024年总统选举,特朗普媒体股价大涨[1][2][3] - 特朗普媒体股价与选举事件高度相关,选举结果公布后股价大幅上涨[1][3] - 特朗普媒体股价短期内可能继续看涨,但长期前景存在不确定性[4][5][6][7] 公司情况总结 - 特朗普媒体成为一只"迷因股",投资者将其作为投资选举结果的工具[3] - 公司第三季度财报意外发布,但股价上涨主要与选举结果有关[3] - 公司第三季度营收仅100万美元,经营亏损2370万美元,需要吸引更多用户并提高变现能力[6][7] - 公司现金和等价物达6.73亿美元,无债务,但估值过高,存在较大风险[7]
'Trump Bump' 2.0: Stocks Showing the Biggest Gains Post-Election
ZACKS· 2024-11-07 01:41
US markets soared during early trading Wednesday morning in a robust market reaction to the election, as former President Trump defeated Vice President Kamala Harris in a decisive victory. The Dow leapt 3.3%, while the S&P 500 and Nasdaq both advanced about 2.1%.Despite rising political tensions lately, stocks were eerily calm heading into the election. The market’s level of uncertainty peaked prior to the outcome, with the volatility (VIX) index plunging nearly 7% during Tuesday’s session and another 23% o ...
Donald Trump's Net Worth Adds Nearly $300 Million After Election Win—As Trump Media Shares Surge
Forbes· 2024-11-07 00:13
ToplineDonald Trump’s election victory sent shares in Trump Media & Technology Group soaring on Wednesday, a market shift that added nearly $300 million to Trump’s fortune as he secured his second presidency.The stock rallied from Trump’s victory, despite an earlier earnings report showing the company lost ... [+] money.Copyright 2024 The Associated Press. All rights reserved Key FactsShares of Trump Media increased by nearly 8% to just under $37 as of around 11 a.m. EST, following an earlier surge in prema ...
Trump Media Stock Surges
Investopedia· 2024-11-06 23:21
Key TakeawaysShares of Trump Media and Technology Group jumped with former President Donald Trump set to win re-election to the White House.The social-media company’s shares were recently trading at around $40, more than 17% above Tuesday's close. The move would extend a jump off fall lows below $12 that has been marked by big swings in the company's value. Shares of Trump Media and Technology Group (DJT) jumped in early Wednesday trading with former President Donald Trump set to win re-election to the Whit ...
Trump Media Stock Surges Premarket
Investopedia· 2024-11-06 20:15
Key TakeawaysShares of Trump Media and Technology Group (DJT) jumped in premarket trading with former President Donald Trump set to win re-election to the White House.The social-media company’s shares were recently trading at around $45, indicating an open more than 30% above Tuesday’s close.The move would extend a jump off fall lows below $12 that has been marked by big swings in the company's value. Shares of Trump Media and Technology Group (DJT) jumped in premarket trading with former President Donald T ...
Trump Media shares gain in after hours as voting nears end for heated presidential election
CNBC· 2024-11-06 08:19
核心观点 - 特朗普媒体公司股票在2024年11月5日选举投票接近尾声时上涨约4%尽管该公司三季度亏损1920万美元且在选举季股价波动受特朗普竞选运势影响[1][2] 股票上涨情况 - 特朗普媒体与技术集团在11月5日周二选举投票接近尾声时在盘后交易中上涨约4%交易量大且波动剧烈[1] 公司财务状况 - 公司三季度财报显示亏损1920万美元[2] 股票波动因素 - 股票被视为特朗普寻求连任前景的市场指标在选举季股价波动随着特朗普与卡玛拉·哈里斯竞争形势的变化而涨跌[2]
Truth Social parent Trump Media posts third straight quarterly loss
New York Post· 2024-11-06 07:46
Former President Donald Trump’s media company reported a net loss of $19.2 million in the third quarter, due to legal fees and costs tied to its TV streaming deal.Trump Media & Technology Group said the figure includes $12.1 million in legal fees in the quarter, stemming from its acquisition of TV streaming technology in August and residual fees related to its SPAC deal in March. It was the company’s third straight quarterly loss since going public in March.It also reported $3.9 million in research and deve ...