Social media stocksReddit, Inc. (NYSE:RDDT) andTrump Media & Technology Group Corp.(NASDAQ:DJT) were among high-profile public listings in March and their fortunes have diverged. Here's a rundown on how the shares have fared since their listings vis-a-vis fundamentals and what lies ahead.
TMTG's Roller-Coaster Ride:TMTG, the parent of the Truth Social platform, is owned by Republican presidential candidateDonald Trump,and the company completed a long-delayed merger with the SPACDigital World Acquisition Corpon March 25. The shares of the company began trading on the Nasdaq on March 26.
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