Trump Media shares hit post-merger low as DJT slump continues
Publishing timestamp: 2024-08-19 13:24:39
Summary
Shares of Trump Media hit lowest price since going public on Nasdaq, following a surge in July after an assassination attempt on Donald Trump. The company's stock has been volatile, with its success tied to Trump's popularity. Despite meager revenue, the company has a high market capitalization. Trump is bound by a licensing agreement to make "non-political" posts on Truth Social first, but has been posting political messages on other platforms.
Sentiment: MIXED
Tickers: DJT,
Keywords: breaking news: politics, business news, kamala harris, government and politics, joe biden, donald trump, breaking news: markets, politics, stock markets, elon musk, business, markets, elections, social media, trump media & technology group corp,
Source: https://www.cnbc.com/2024/08/19/trump-media-djt-stock-harris-earnings.html