Trump Media free fall continues, as DJT stock slides 6%

Pavlo Gonchar | Lightrocket | Getty Images

Stock Chart IconStock chart icon

Trump Media & Technology Group Corp. Stock Price

Trump Media’s stock price has whipsawed since its public debut as retail investors and short sellers bought and sold the company tied to the controversial presumptive Republican presidential nominee.

But the trend over the last three weeks has been consistently negative: The stock has now lost more than half its value since May 30, when a New York jury convicted Trump on 34 felony counts of falsifying business records.

Read more CNBC politics coverage

It is not clear if the conviction itself triggered that decline — though the company in SEC filings has acknowledged that, “An adverse outcome in one or more of the ongoing legal proceedings in which President Donald J. Trump is involved could negatively impact TMTG and its Truth Social platform.”

Some analysts have attributed the stock slide to the Securities and Exchange Commission’s approval of Trump Media’s registration of additional shares.

The clearance by the SEC, revealed Tuesday after the bell, allows early investors in the company to resell certain shares and exercise stock warrants, threatening to dilute the stock price.

Truth Social has noted, however, that it could net up to $247 million if all the warrants are exercised for cash.

This is developing news. Please check back for updates.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Exploring 3 High Growth Tech Stocks in the US Market

As February begins, the U.S. stock market has shown strength with major indices like the Dow Jones and S&P 500 posting significant gains, signaling a positive start to the month despite ongoing economic uncertainties and geopolitical developments. In this environment, high-growth tech stocks in the U.S. market continue to attract attention for their potential to

Walmart shares fall 3% as cautious outlook overshadows solid quarterly results

Walmart shares fall 3% as cautious outlook overshadows solid quarterly results Proactive uses images sourced from Shutterstock Walmart Inc (NYSE:WMT, XETRA:WMT) shares fell more than 3% in premarket trading on Thursday after the world’s largest retailer issued a cautious annual outlook that disappointed Wall Street, despite posting solid fourth-quarter results in new chief executive John

Can Rivian Stock Beat the Market in 2026?​

Rivian will remain volatile, but a successful R2 launch could give shares a boost. In 2025, Rivian Automotive (RIVN 1.91%) stock spent most of the year rising and falling, sometimes beating the S&P 500 and sometimes falling below, before the stock eventually ended the year up 48% compared to the market’s 16% return. Here’s why

Bear Market Sell-Off: Is PayPal Stock a Buy After Its 20% Plunge?

Investors in this digital payments enterprise have been waiting years for things to turn around. Just when investors thought that things couldn’t get any worse, the market surprised them. PayPal (PYPL +1.56%), once a booming player in the digital payments space, is crashing again. After it reported fourth-quarter 2025 financial results, the share price immediately

Investors: History Has Fantastic News About the Future of the Stock Market

The stock market has been on an unstoppable run lately, with the S&P 500 (^GSPC +0.56%) soaring by nearly 74% in the last five years, as of this writing. However, many investors are feeling nervous about what lies ahead for the market. This is a valid concern, given that multiple stock market metrics are sounding

The Best Warren Buffett Stocks to Buy With $2,000 Right Now

On Dec. 31, 2025, Warren Buffett stepped down as CEO of Berkshire Hathaway. For 60 years, the legendary investor ran the company, turning it from a floundering textile mill into one of the world’s largest conglomerates. Buffett is no longer at the helm, but Berkshire remains largely unchanged. Buffett’s successors continue to employ his time-tested

Hiab publishes its 2025 annual report and financial statements

Hiab Corporation HIAB CORPORATION, STOCK EXCHANGE RELEASE, 19 FEBRUARY 2026 AT 8:00 AM (EET) Hiab publishes its 2025 annual report and financial statementsHiab Corporation’s 2025 annual report and financial statements for the financial year 1 January–31 December 2025 have been published in English and Finnish. The report consists of the annual review, financial review, corporate

3 Asian Stocks Estimated To Be Trading Below Intrinsic Value In February 2026

As global markets grapple with AI disruption concerns and shifting economic indicators, the Asian stock markets present a unique landscape of opportunities. In this environment, identifying stocks that are trading below their intrinsic value can be particularly appealing to investors seeking potential growth amid broader market volatility. Name Current Price Fair Value (Est) Discount (Est)

Why Ferroglobe Stock Was a Winner on Wednesday

It isn’t easy to cope with alleged dumping on a company’s key markets. Numerous investors considered specialty metals and alloys company Ferroglobe (NASDAQ: GSM) a special stock on Wednesday. Following the release of its latest earnings report, an obviously pleased market snapped up the company’s shares to power them to a more than 4% gain

What I’m Watching With CubeSmart Stock To See If It Beats The Market

The self-storage REIT has fallen behind in recent years. CubeSmart (CUBE 0.44%) is the country’s third-largest self-storage property company with over 1,500 locations. While self-storage REITs have historically been strong performers over multiple decades, CubeSmart hasn’t beaten the market over the past 10 years (and underperformed its largest rival during the time frame). It has

3 Once-in-a-Decade Buying Opportunities

The S&P 500 delivered strong returns for investors over the past three years as they piled into growth stocks in a number of fields, from technology to biotech and consumer goods. And they took a particular interest in players involved in artificial intelligence (AI), seeing this area as the next big thing. This bet has

Down Nearly 40% From Its All-Time High, Is Netflix Stock Too Cheap to Ignore?

Netflix (NASDAQ: NFLX) has been one of the best investment stories this century. It has delivered impressive shareholder returns since its 2002 IPO, but it has run into a bit of trouble lately. The stock is trading down about 43% from its July 2025 all-time high, and its recent performance prompts an obvious question: Should

Resverlogix Closes $2.8 Million Shares-for-Interest Private Placement

Calgary, Alberta–(Newsfile Corp. – February 18, 2026) – Resverlogix Corp. (TSX: RVX) (“Resverlogix”) announced today that it has closed a $2.8 million shares-for-interest private placement with an immediate family member (the “Subscriber”) of Resverlogix’s Chairman and CEO. Under the terms of the shares-for-interest transaction, the Subscriber subscribed for 28,000,000 common shares at CAD$0.10 per share for

Nasdaq Leads a Rocky Risk-On Rally: Stock Market Today

(Image credit: Getty Images) Stocks opened up and stayed up, even under late selling pressure, amid more strong earnings and incoming economic data that continues to support Federal Reserve Chair Jerome Powell’s wait-and-see approach to interest rates. Risk-on sectors led the way higher, as the Nasdaq Composite posted the biggest gain among the three main

ASX Stocks Including Nuix That May Be Trading Below Their Estimated Intrinsic Value

As the Australian stock market experiences a positive trend, buoyed by a robust February reporting season and modest gains on Wall Street, investors are keenly observing potential opportunities among undervalued stocks. In this environment, identifying stocks trading below their estimated intrinsic value can be particularly appealing for those looking to capitalize on favorable market conditions.

Could This $11 Stock Be Your Ticket to Millionaire Status?

UiPath (NYSE: PATH), a developer of software robots, trades at about $11 per share. That’s 80% below its 2021 IPO price of $56. Its stock collapsed as its growth cooled, but could it bounce back and deliver millionaire-making gains? Image source: Getty Images. Will AI create the world’s first trillionaire? Our team just released a report

0
Would love your thoughts, please comment.x
()
x