Trump Media Free Fall Continues As DJT Stock Slides 6%

[Synthaholic]

 

[Freedomisneverfree]

He is just fine. He has earned $112 Million after the verdict. Here is his Birthday cake.

 

[whitehall]

Sometimes you win and sometimes you lose in the volatile media world. The current president never had to worry about it. He never had a freaking job that wasn't paid by taxpayers.

 

[struth]

• Trump Media stock fell more than 6%, compounding a weekslong slide for former President Donald Trump's tech and media company.

DJT share price down nearly 50% since Trump guilty verdict

Trump Media, which trades as DJT, has lost nearly half its value since a New York jury convicted Trump on 34 felony counts of falsifying business records.

www.nbcnewyork.com

• The latest move follows steep declines in trading sessions Thursday, when the stock fell nearly 15%, and Tuesday, when shares closed nearly 10% down.
• The stock has now lost more than half its value since a New York jury convicted Trump on 34 felony counts of falsifying business records.

Trump Media stock fell more than 6% on Friday, compounding a weekslong slide for former President Donald Trump's tech and media company that has only grown steeper since a federal regulator approved the registration of new tradable shares.

The company behind Truth Social, which began trading on the Nasdaq as DJT in late March, was trading around $25 a share on much higher than average volume by 11:30 a.m. ET.

Not surprised, Xiden’s america…both the S&P and NASDQ closed in the red Friday

 

[Lastamender]

for doing the right thing?

nope.

Good, I was not going to give you one.

 

[Cellblock2429]

• Trump Media stock fell more than 6%, compounding a weekslong slide for former President Donald Trump's tech and media company.

DJT share price down nearly 50% since Trump guilty verdict

Trump Media, which trades as DJT, has lost nearly half its value since a New York jury convicted Trump on 34 felony counts of falsifying business records.

www.nbcnewyork.com

• The latest move follows steep declines in trading sessions Thursday, when the stock fell nearly 15%, and Tuesday, when shares closed nearly 10% down.
• The stock has now lost more than half its value since a New York jury convicted Trump on 34 felony counts of falsifying business records.

Trump Media stock fell more than 6% on Friday, compounding a weekslong slide for former President Donald Trump's tech and media company that has only grown steeper since a federal regulator approved the registration of new tradable shares.

The company behind Truth Social, which began trading on the Nasdaq as DJT in late March, was trading around $25 a share on much higher than average volume by 11:30 a.m. ET.

/-----/ Nahhh, the 5 day chart looks fine to me for a volatile stock.

 

[bendog]

/-----/ Nahhh, the 5 day chart looks fine to me for a volatile stock.
View attachment 967932

didja buy? lol

 

[Cellblock2429]

didja buy? lol

/——-/ I’ve been trading DWAC and the warrants since 2021. I kept trading DJT and DJTWW after the merger. I made a ton of money.
This week, I sold 3 put contracts for $800 expiring Friday. Kinda wimpy trade, I know, but $800 is $800.

 

[g5000]

It's interesting Trump's stock fell another 5.62% today. The day after the debate.

It's down 31.12 percent for the month.

 

[Orangecat]

It's interesting Trump's stock fell another 5.62% today. The day after the debate.

Not really. Watch for the post-debate polling to see something that actually matters.

 

[struth]

It's interesting Trump's stock fell another 5.62% today. The day after the debate.

It's down 31.12 percent for the month.

Not really....Xiden is still the President, and the market is reacting to the fact we got 7 more months of a senile man in charge.

We will have to see where the close today

 

[g5000]

Not really. Watch for the post-debate polling to see something that actually matters.

I pity all the losers who invested their money into their orange god.

It's just like every other Trump venture. He gets his fees and gravy, and the investors are all left holding a bag of shit.

 

[g5000]

Actually, I'm lying.

I don't pity anyone stupid enough to back Trump. It's not like there aren't a zillion warning flags that he's a huckster.

These people deserve to be lied to.

 

[dudmuck]

Not really....Xiden is still the President, and the market is reacting to the fact we got 7 more months of a senile man in charge.

We will have to see where the close today

$16.4 million loss with less than a million in revenue.
Keep blaming Biden.

 

[struth]

$16.4 million loss with less than a million in revenue.
Keep blaming Biden.

The market took a big hit recently...where you been?
Updated Mon, Aug 5 20245:33 PM EDT
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Dow tumbles 1,000 points, S&P 500 posts worst day since 2022 in global market sell-off: Live updates​

https://www.cnbc.com/2024/08/04/stock-market-today-live-updates.html

Hard to blame Xiden for that one, I blame Harris taking over

 

[Harpy Eagle]

The market took a big hit recently...where you been?
Updated Mon, Aug 5 20245:33 PM EDT
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

Dow tumbles 1,000 points, S&P 500 posts worst day since 2022 in global market sell-off: Live updates​

https://www.cnbc.com/2024/08/04/stock-market-today-live-updates.html

Hard to blame Xiden for that one, I blame Harris taking over

So, TS lost revenue because the stock market went down?

Really?

That is your claim?

 

[struth]

So, TS lost revenue because the stock market went down?

Really?

That is your claim?

Um that was your claim, you posted a link showing its stock went down, I showed where there was a record decline across the market

 

[Cellblock2429]

$16.4 million loss with less than a million in revenue.
Keep blaming Biden.

/----/ We are talking about the market in general, like the S&P 500, not an individual stock.
GEEEEZE, talk about desperation.

 

[dudmuck]

/----/ We are talking about the market in general, like the S&P 500, not an individual stock.
GEEEEZE, talk about desperation.

I was referring to the financial performance of an individual company , not the market in general.

also
the subject of this thread is the financial performance of an individual company.

 

[struth]

I was referring to the financial performance of an individual company , not the market in general.

also
the subject of this thread is the financial performance of an individual company.

well as the market shows, a lot of companies are suffering under the Xiden/Harris regime. Massive drop in the market, worse since 2022, right after Harris took over for Xiden