(MENAFN - Investor Brand Network) Shares of President-elect Donald Trump's media company,
Trump Media & Technology Group (NASDAQ: DJT) , are seeing a downturn in Thursday trading. This decline comes after an initial surge in share prices following Trump's election victory. The shift in investor sentiment is evident as the stock price adjusts, reflecting changing market perceptions and expectations.

Currently, DJT is priced at around $28.94, marking a significant decrease of 19.52%, or $7.02. This drop indicates a notable shift from the initial optimism that surrounded the stock. The stock's daily fluctuation, with a low of $27.90 and a high of $31.96, highlights the volatility investors are experiencing.

Over the past year, DJT has seen a high of $79.38 and a low of $11.75. This wide range underscores the stock's volatility and the varying investor sentiment over time. The current market capitalization of DJT is approximately $5.79 billion, reflecting its size and market presence.

The trading volume for DJT is 49.34 million shares, indicating active investor interest despite the recent decline. This level of trading activity suggests that investors are closely watching the stock, possibly anticipating further changes in its value.

To view the company's most recent earnings release, visit

About Trump Media & Technology Group Corp.

The mission of Trump Media & Technology Group is to end Big Tech's assault on free speech by opening up the internet and giving people their voices back. Trump Media & Technology Group operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations. For more information, visit the company's website at
.

About TechMediaWire

TechMediaWire
("TMW") is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within the
Dynamic Brand Portfolio
@
IBN
that delivers :
(1) access to a vast network of wire solutions via
InvestorWire
to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ;
(2) article and
editorial syndication to 5,000+ outlets ;
(3) enhanced
press release enhancement
to ensure maximum impact ;
(4)
social media distribution
via IBN to millions of social media followers ;
and (5) a full array of tailored
corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today's market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text"TECH" to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published:
/Disclaimer

TechMediaWire
Los Angeles, CA

310.299.1717 Office
[email protected]

TechMediaWire is powered by
IBN

MENAFN07112024000224011066ID1108862654

COMTEX_459587912/2604/2024-11-08T00:09:35