DJT Shares Plummet as Former President Trump's Wealth Takes a Hit

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DJT Shares,Donald Trump,Stock Market

Shares of DJT, majority-owned by former President Donald Trump, have experienced a significant drop in value, with the company's market capitalization decreasing since its initial public trading. Despite the high market value, the firm's financial results from last year show a substantial net loss.

The social media company's stock began public trading on the Nasdaq on March 26 with an opening price of $70.90, and a high of nearly $80 that day.began public trading on the Nasdaq on March 26 with an opening price of $70.90, and soared to a high of nearly $80 that day.'s market capitalization as of Thursday is $4.43 billion, markedly lower than the level seen when shares began trading last month, but still relatively very high given the firm's financial results last year.

Under the terms of a merger with a shell company that took Trump Media public, Trump is barred from selling his shares for six months from the March 22 closing date of that deal.Thursday’s analyst calls: Boeing price target cut, Nvidia to rally more than 25%This AI stock could fall 50% and has an ‘exaggerated artificial intelligence narrative,’ Morningstar says

DJT Shares Donald Trump Stock Market Market Capitalization Financial Results

 

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