- BIST10011,702+2.38%
- USD49.55+0.21%
- EUR55.57-0.09%
- GOLD4,137.20-0.55%
- INTEREST37.00%-1.00
- BITCOIN81,558-0.35%
- October 20, 202613°
- BIST10011,702+2.38%
- USD49.55+0.21%
- EUR55.57-0.09%
- GOLD4,137.20-0.55%
- INTEREST37.00%-1.00
- BITCOIN81,558-0.35%
- October 20, 202613°
Trump Media shares hit new all-time low as Truth Social traffic falls
Shares of Trump Media & Technology Group, the owner of Truth Social, fell more than 7.5% on Oct. 19 to a new all-time low of $6.40, extending a 29% slide over the past month.
Shares of Trump Media & Technology Group (DJT), the company behind President Donald Trump's Truth Social platform, fell more than 7.5% on Monday, Oct. 19, to a new all-time low of $6.40.
The stock has lost 29% over the past month and has hit record lows several times over the past year. Analytics data cited by the Daily Beast suggest that daily traffic to Truth Social has dropped by more than 30% over the past year.
The company continues to post large quarterly losses. Its moves into gambling and cryptocurrency have failed to gain traction, and it has announced plans to merge with a nuclear fusion company. Its decision to sell early access to Trump's posts on the platform also drew widespread criticism.
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