Trump Media & Technology Group (NASDAQ:DJT) Stock Falls 7.7% – Here’s What Happened

Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) fell 7.7% during trading on Friday. The company traded as low as $4.51 and last traded at $4.5850. Approximately 4,190,098 shares changed hands during trading, a decline of 8% from the average session volume of 4,566,741 shares. The stock had previously closed at $4.97.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Trump Media & Technology Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, September 2nd. Wall Street Zen raised shares of Trump Media & Technology Group from a “strong sell” rating to a “hold” rating in a research report on Saturday. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Trump Media & Technology Group currently has an average rating of “Sell”.

Trump Media & Technology Group Price Performance

The stock has a 50 day simple moving average of $7.35 and a 200-day simple moving average of $8.89. The firm has a market cap of $1.29 billion, a PE ratio of -1.40 and a beta of 1.35.

Trump Media & Technology Group (NASDAQ:DJT) last released its earnings results on Monday, November 9th. The company reported $1.38 EPS for the quarter. Trump Media & Technology Group had a negative return on equity of 40.61% and a negative net margin of 12,890.59%. The firm had revenue of $2.97 million for the quarter.

Hedge Funds Weigh In On Trump Media & Technology Group

Hedge funds have recently bought and sold shares of the company. Nykredit A S bought a new stake in Trump Media & Technology Group during the 2nd quarter valued at about $31,000. Root Financial Partners LLC bought a new position in shares of Trump Media & Technology Group in the third quarter worth approximately $39,000. Farther Finance Advisors LLC lifted its stake in shares of Trump Media & Technology Group by 55.6% in the third quarter. Farther Finance Advisors LLC now owns 4,734 shares of the company’s stock worth $43,000 after buying an additional 1,691 shares in the last quarter. Strategic Wealth Partners Ltd. grew its holdings in shares of Trump Media & Technology Group by 60.1% during the second quarter. Strategic Wealth Partners Ltd. now owns 6,660 shares of the company’s stock valued at $52,000 after buying an additional 2,500 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Trump Media & Technology Group during the second quarter valued at approximately $60,000. Institutional investors own 4.29% of the company’s stock.

About Trump Media & Technology Group

Trump Media & Technology Group operates Truth Social, a social media platform where users can publish posts called “Truths,” share other users’ posts and follow accounts. The company has positioned the platform as an alternative social network focused on open expression. The company has expanded beyond social media with Truth+, a streaming service offering video content, and Truth.Fi, a financial services and investment brand announced in 2025. Its offerings and business activities are primarily directed toward U.S. users and customers.