In November, Trump Media & Technology Group (NASDAQ: DJT) shares experienced an 11% decline . Initially, the stock saw a brief surge following the election, reflecting a “buy the rumor/sell the news” phenomenon. However, the gains were short-lived as the stock traded negatively for most of the month. Trump Media, which owns Truth Social, generates minimal revenue and has become a symbol of the Trump campaign. Despite Trump’s election victory, investors remain uncertain about the stock’s future prospects.

Trump Media & Technology Group (NASDAQ: DJT) is making headlines with its CEO, Devin Nunes, congratulating board member Kash Patel on his nomination as FBI Director by President-elect Trump. Nunes commends Patel’s legal and investigative skills, emphasizing his commitment to the Constitution and his efforts to uncover alleged misconduct in the Intelligence Community. TMTG is recognized for its platforms like Truth Social and Truth+, which focus on free speech and family-friendly content.

SARASOTA, Fla., Nov. 30, 2024 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (Nasdaq: DJT) ("TMTG") CEO Devin Nunes today issued the following statement following President-elect Trump's announcement of his intent to nominate TMTG board member Kash Patel as Director of the FBI:

Trump Media & Technology Group (NASDAQ: DJT) CEO Devin Nunes expressed strong support for Linda McMahon’s nomination as Secretary of Education, emphasizing her significant contributions to TMTG’s growth and her diverse expertise. McMahon, a TMTG board member, has played a pivotal role in navigating capital markets, expanding Truth Social, and launching the Truth+ streaming service. Nunes praised her integrity and vast experience across business, education and government, highlighting her prior leadership as SBA Administrator.

SARASOTA, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) --  Trump Media & Technology Group (Nasdaq: DJT) (“TMTG”) CEO Devin Nunes today issued the following statement following President-elect Trump's announcement of his intent to nominate TMTG board member Linda McMahon as Secretary of Education:

Trump Media & Technology Group (NASDAQ: DJT) operates the social media platform Truth Social. The company has recently completed its nationwide network of data centers, which are crucial for its content delivery network. This development enhances Trump Media’s ability to efficiently deliver streaming content across the country.

Truth+ Content Delivery Network Operating from Sites Across the Country

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.

~ Ended Third Quarter with $673 Million in Cash/Investments and No Debt ~

Trump Media (NASDAQ: DJT) saw a sharp spike on Election Day as traders speculated that a second Trump presidency could boost business. Often viewed as a proxy for Trump’s White House chances, DJT attracted heavy retail interest, particularly on WallStreetBets, where GameStop (NYSE: GME) was introduced and gained momentum. This rally could set the stage for other micro-cap stocks highlighted here.

Trump Media & Technology Group (NASDAQ: DJT), the company behind Truth Social, witnessed a sharp surge on Election Day, with shares climbing as traders bet that a second Trump presidency could reignite business prospects. The stock, often regarded as a proxy for the former president’s White House chances, has seen heavy retail interest, especially on platforms like WallStreetBets , where it topped discussions, opening the way to small cap stocks some mentioned herein.

Trump Media & Technology Group (NASDAQ: DJT) is facing a notable decline in its stock value, with shares dropping over 16% on Wednesday. This marks the largest percentage decrease in six months, halting the stock’s recent upward trend. The company, known for its social media platform, competes with major players like Twitter and Facebook.

Trump Media & Technology Group (NASDAQ: DJT) has launched its Truth+ streaming app for Android TV. This app offers diverse content, including news, entertainment and children’s programming, available through linear TV and Video on Demand (“VOD”). It enhances the Truth Social platform with features like live TV rewind and a Spanish language interface.

Truth Social TV streaming app now available for at-home Fire TV sets

Truth Social TV streaming app now available for at-home Android TV sets

Truth Social TV streaming app now available for iPhones and at-home Apple TV sets

Trump Media & Technology Group (NASDAQ: DJT) stock has seen a significant rise recently. This increase is driven by its nature as a volatile asset and the growing speculation about Donald Trump’s potential return to the presidency. These elements have sparked heightened interest and activity in DJT’s stock price, drawing attention from investors and market watchers alike.

All Truth+ streaming programming now available via website

Truth+ app advances rollout of Truth Social streaming platform

Shares of Trump Media & Technology Group (NASDAQ: DJT), the operator of Truth Social, have recently experienced a notable surge, climbing up to 19%. This marks the company’s longest rally since June, with gains extending for the fourth consecutive day. The rally gained momentum following a presidential campaign event held by Donald Trump, the majority owner of Trump Media, alongside Tesla CEO Elon Musk in Pennsylvania. Trump Media is known for its social media platform, Truth Social, which aims to provide an alternative to mainstream social media networks.

Trump Media & Technology Group (NASDAQ: DJT), known for its association with former President Donald Trump, is navigating significant changes. The company’s Chief Operating Officer, Andrew Northwall, resigned in late September. This comes as Donald Trump transfers more shares to a SPAC investor, amidst an ongoing court battle. These developments could impact the company’s strategic direction and investor confidence.

More Enhancements Coming Soon for Truth Social Streaming Service

United Atlantic Ventures LLC (“UAV”), a key investor in Trump Media & Technology Group (NASDAQ: DJT), significantly reduced its stake by selling nearly 11 million shares, leaving it with a mere 100 shares. This move came after a federal judge’s approval and the end of a lock-up period that initially restricted insiders from selling their shares. UAV, co-founded by Andrew Litinsky and Wes Moss, who played a pivotal role in conceptualizing a social media venture with Donald Trump, found itself embroiled in legal battles with Trump Media concerning their shareholdings. Despite these disputes and the fluctuating fortunes of Trump Media’s stock, Donald Trump, holding a majority stake of over 56%, affirmed his decision not to sell his shares as of Sept. 13.

Shares of Trump Media & Technology Group (NASDAQ: DJT) witnessed a notable decline of over 5% in premarket trading on Friday. This downturn is particularly significant as it coincides with the expiration of a ban that had previously restricted former President Donald Trump from selling his shares in the company, which is the driving force behind the social media platform Truth Social. Despite the lifting of this restriction, Trump has publicly declared his intention to retain his stake in the company, a move that has garnered considerable attention from investors and market watchers alike.

Shares of Trump Media & Technology Group (NASDAQ: DJT) experienced a notable decline, dropping by 17% to $15.39 shortly after the market opened on Wednesday. This significant downturn in DJT’s stock price came in the wake of the presidential debate between Vice President Kamala Harris and former President Donald Trump. The event marked the first debate between the two since Harris became the Democratic nominee, and it appears to have negatively impacted investor sentiment towards DJT, pushing the stock to its lowest level since the company went public in March through a merger with Digital World Acquisition Corp. (“DWAC”).