Trump Media Technology Stock News

Very bad news. The Trump brand has topped out.

Market volatility has returned with a vengeance lately. Get ready for more ups and downs in Donald Trump second term.

Markets often quickly price in obvious news, but sentiment and long-term fundamentals like product quality and competitive advantage are key for stock performance. Stocks linked to Trump's allies have seen significant gains, but some like Roivant Sciences and Liberty Energy haven't yet outperformed and could benefit from deregulation. Tesla's 70% post-election surge seems unjustified; it's time...

The move comes after Trump said in November that he had no intention of selling his shares in the company that owns Truth Social.

Shares of Trump Media (DJT) fell 5.31% during pre-market trading on Friday. The slump comes as US President-elect Donald Trump transferred his entire ownership stake in the company to a revocable trust.

Trump Media & Technology Group Corp.'s stock fell about 6% in premarket trading on Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings.

The transaction is described as a gift, with Donald Trump receiving no money for the transfer of his nearly 115 million DJT shares–worth more than $4 billion–to Donald J. Trump Revocable Trust.

Trump transfers all his DJT shares to his revocable trust, SEC filings show