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Trump Media Stock Craters 70% From Highs: Is There Any Floor Left?

Benzinga LogoBenzinga12h ago

Trump Media Stock Craters 70% From Highs: Is There Any Floor Left? - Benzinga

Quick Summary:

Trump Media & Technology Group Inc (NASDAQ:DJT) stock has been in a free fall, trading at a staggering 70% discount from its 52-week high of $79.38, reached on March 26, 2024.Closing at $23.80 on Thursday, DJT stock is deep in the red for 2025, down 30% year-to-date and struggling to find support amid persistent selling pressure.

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Read Also: Trump Media To Launch Bitcoin ETF: Could Political Themes Undermine Long-Term Stability?

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Trump Media Stock Craters 70% From Highs: Is There Any Floor Left? - Benzinga (Picture 1)

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 13:18:01 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26512172

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 18 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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  • URL: https://beamstart.com/news/trump-media-stock-craters-70-17407487941078

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