DJT Stock Dives After Inauguration. Why the Volatility Isn't Surprising. -- Barrons.com

Dow Jones

Jan 22, 2025

By Emily Dattilo

Trump Media & Technology Group stock was trading sharply lower a day after the presidential inauguration.

Shares of the company, which is majority owned by President Donald Trump and trade under ticker symbol "DJT," fell 11% to $35.59 on Tuesday. The S&P 500 gained 0.5%.

The volatility shouldn't be surprising: Trump Media, the parent company of the Truth Social social media platform, is well known for trading on news about the president, as opposed to fundamental metrics including earnings or revenue.

Despite the declines Tuesday, DJT shares remain trading above the close near $34 on Nov. 5, the day when Trump won the U.S. presidential elelection.

Write to Emily Dattilo at emily.dattilo@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

January 21, 2025 11:25 ET (16:25 GMT)

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The S&P 500 gained 0.5%. \n\n\n     The volatility shouldn't be surprising: Trump Media, the parent company of the Truth Social social media platform, is well known for trading on news about the president, as opposed to fundamental metrics including earnings or revenue. \n\n\n     Despite the declines Tuesday, DJT shares remain trading above the close near $34 on Nov. 5, the day when Trump won the U.S. presidential elelection. \n\n\n     Write to Emily Dattilo at emily.dattilo@dowjones.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. 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