MW Trump's 'DJT' stock falls for seventh straight trading session

By Steve Gelsi

Trump Media's stock spiked in the days just before the election, fell back in November and was rallying until early January

Trump Media & Technology Group Corp.'s stock fell for its seventh trading session in a row, as worries about inflation and consumer strength continued to weigh on the broad market.

Trump Media $(DJT)$, the parent of President Donald Trump's Truth Social network, retreated 7% on Tuesday to $23.98 a share, its lowest level since the stock closed at $20.57 a share, according to Dow Jones Market Data.

The stock has gone down as a shift in enthusiasm around cryptocurrencies has hit the value of bitcoin (BTCUSD), while a profit update from Walmart Inc. $(WMT)$ has raised worries about inflation impacting the consumer.

All told, the stock, which trades under the ticker symbol 'DJT,' has fallen about 22% over the last seven trading sessions, for its longest losing streak since September.

'DJT' tends to trade off Trump's rising or falling political prospects, behaving more like a meme stock than one that is closely tied to company fundamentals.

The stock price spiked to more than $50 a share in late October, just ahead of the U.S. presidential election. It fell below $28 in November and then rose to above $40 a share in early January amid optimism around the prospects for deregulation and corporate earnings.

Since early January, the stock has been moving into the red in most trading sessions.

-Steve Gelsi

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February 25, 2025 11:54 ET (16:54 GMT)

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