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Techmediabreaks Trump Media & Technology Group Corp. (NASDAQ: DJT) Faces Stock Decline Following Stake Transfer

Dec 30, 2024 (MENAFN via COMTEX) --
(MENAFN - Investor Brand Network) Trump Media & Technology Group (NASDAQ: DJT) , the parent company of Truth Social, is currently facing a decline in its stock value. This decline follows the announcement that President-elect Donald Trump has transferred his stake in the company to a trust.

The stock price of DJT is approximately
$34.27 , marking a decrease of about 5% or
$1.81 . This drop in value reflects the market's reaction to Trump's decision to transfer his shares. The stock has seen fluctuations today, with a low of
$33.41
and a high of
$35 , indicating some volatility in investor sentiment.

Over the past year, DJT has experienced significant price swings, reaching a high of
$79.38
and a low of
$11.75 . This wide range highlights the stock's volatility and the market's varying perceptions of the company's value. The current market capitalization of Trump Media is approximately
$7.44 billion , which provides a snapshot of the company's overall value in the market.

The trading volume for DJT is 3,914,922 shares, suggesting active investor interest and engagement with the stock. This level of trading activity can influence the stock's price movements and reflects the market's response to recent developments regarding Trump's stake in the company.

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]

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COMTEX_461384196/2604/2024-12-30T21:23:49

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