Trump Media & Technology Group (stock code: DJT) is a media technology company based on social media, digital streaming media, and information technology infrastructure. Its first product focuses on its social media platform, Truth Social, which encourages open, free, and honest global conversations, without discrimination based on political ideology.
Market performance:
DJT stocks performed well in 2024, especially on the first day of listing, with the stock price increasing by over 16%, indicating a positive market response. However, it is important to note that despite the strong initial performance after listing, the long-term performance of the stock will depend on the company's financial performance and the overall market trend.
Financial Condition:
As of June 30, 2024, DJT's total operating income is 0.8369 million US dollars, with a net income of -16.368 million US dollars. The company's total stocks is 0.2 billion shares, with an eps of -0.10 US dollars and net assets per share of 1.78 US dollars. This indicates that the company is currently in a loss state, but with a healthy capital structure.
Technical analysis:
From a technical analysis perspective, DJT's stock price may experience fluctuations after experiencing an initial increase during its IPO. Investors should pay attention to volume, stock price volatility, moving averages, and other technical indicators to determine future price trends.
Risk Factors:
Potential risks of investing in DJT stocks include intense competition in the social media and streaming media sectors, as well as...