Reported 20 days ago
Trump Media & Technology Group's stock, DJT, surged nearly 25% on Wednesday after Donald Trump won the presidential election against Kamala Harris, closing about 6% higher. Trading was marked by significant fluctuations, including several halts due to volatility. While Trump's victory secured him a second presidency, the company's fundamentals remain in question, reporting a $19.25 million net loss for Q3. As DJT navigates its status as a meme stock, market analysts predict potential declines in value moving forward.
Source: YAHOO