Shares of Trump Media & Technology Group Corp. (DJT) have plummeted over 25% following the expiration of a lockup period that prevented large shareholders, including Donald Trump, from selling shares. The drop coincides with Trump’s rejection of a second debate with Vice President Kamala Harris, while polls show Harris gaining ground in key states.
Shares of Trump Media & Technology Group Corp (DJT) are trading lower on Thursday as a lockup period that restricted insider selling comes to an end. The expiration of the lockup agreement could lead to increased selling pressure and volatility in the stock.
Trump Media & Technology Group Corp (DJT) stock has been experiencing a wild ride in recent months, driven by the 2024 Presidential campaign, Trump’s political moves, and recent events like an assassination attempt and a shift in the political landscape. This article analyzes the stock’s performance, highlighting key factors influencing its volatility.
Trump Media & Technology Group’s stock, DJT, is experiencing a significant surge in trading volume and social media attention today. This follows comments by Robert F. Kennedy Jr.’s running mate, Nicole Shanahan, suggesting a possible shift in their campaign strategy. Shanahan hinted at the potential of suspending Kennedy’s independent candidacy and endorsing Donald Trump, a move that could impact the 2024 election. Meanwhile, Trump is scheduled to host a rally in North Carolina, focusing on national security.
