Trump Media Stock Falls After Trump Reactivates X Account

Shares of Trump Media & Technology Group (DJT) dropped by around 5% on Monday, closing near $25, after former President Donald Trump reactivated his X account, formerly known as Twitter, just before his scheduled interview with Elon Musk. This marked Trump's first post on the platform since August 2023.

The decline in stock price follows DJT’s disappointing Q2 earnings report, which revealed a net loss of $16.4 million and revenue of just under $837,000—a 30% drop year-over-year. The company has faced continued financial challenges, with net losses reaching nearly $60 million for the full year ending December 31. DJT also warned that it expects ongoing profitability issues.