◆ NeutralDJTDJTWW

Why Shares of Trump Media & Technology Stock Sank 18% This Week

The Motley Fool·
Why Shares of Trump Media & Technology Stock Sank 18% This Week

Trump Media & Technology (DJT) shares fell 18.1% this week following Q2 earnings that revealed a $238 million net loss, primarily due to cryptocurrency asset declines. The company generated only $1.7 million in revenue from Truth Social advertising and continues to lack a viable business model. With a $2.3 billion market cap and minimal revenue, analysts recommend avoiding the stock despite its significant decline from all-time highs.

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