Trump Media & Technology Group’s 6.1% Stock Drop: What You Need to Know

Shares of Trump Media & Technology Group (NASDAQ:DJTWW) Decline by 6.1%

On Friday, Trump Media & Technology Group Corp. (NASDAQ: DJTWW) experienced a 6.1% decrease in its stock price. The stock reached a low of $23.56 and last traded at $24.69 during trading hours. Approximately 329,472 shares were exchanged, which represented a 23% increase from the average daily volume of 267,404 shares. The stock had closed at $26.30 the previous day.

Trump Media & Technology Group Corp.’s 50-day moving average price is $21.64. The company develops a social media platform called Truth Social, which provides social networking services in the United States. Trump Media & Technology Group was founded in 2021 and is headquartered in Sarasota, Florida.

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