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Trump Media & Technology Group Corp. (DJT) is a social media and technology company founded by former U.S. President Donald Trump. The company operates Truth Social, a social media platform launched in February 2022, aiming to provide an alternative to mainstream platforms. In March 2024, Trump Media merged with Digital World Acquisition Corp., becoming publicly traded under the ticker symbol "DJT" on the NASDAQ. Despite its high market valuation, the company has faced financial challenges, reporting a net loss of $58 million in 2023 with limited revenue streams. The stock's performance has been notably volatile, often influenced by political events and public sentiment toward Donald Trump. en.wikipedia.org
Over the past 52 weeks, DJT's stock has traded between $11.75 and $79.38. marketwatch.com
Analyst coverage for DJT is limited. As of September 25, 2023, the company has been rated as "SELL," with fundamentals described as "very poor," making investment in its shares considered highly speculative. barrons.com
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