Trump Media (NASDAQ: DJT) stock fell 6% after a filing enabled Trump to sell shares, deepening investor concerns over valuation risk.
Truth Social
Robert F. Kennedy Jr.’s shift from the Democratic Party to the Trump world reflects a populism fueled by male-dominated media, like Joe Rogan’s podcast.
Trump Media stock surged 15% during the day and closed up 12.37%, perhaps indicating the market’s belief that Donald Trump could win Tuesday’s election.
Trump Media stock saw a 13 percent rise and then a 10 percent drop today in a volatile trading session. It’s unclear why.
Trump’s Truth Social tried to cultivate a sentiment of “small guys” resisting Big Tech censorship. But meme stocks have a tendency to burst.