Why is DJT stock down? 2 possible reasons why Trump Media shares are sinking after Donald Trump’s election win

The parent company of Truth Social continues to see volatile trading even with Trump returning to the White House. Some investors may want to cash out while they can.

One of the most volatile stocks of 2024 is undoubtedly Trump Media & Technology Group Corp. (Nasdaq: DJT). The president-elect’s media company, whose primary product is Donald Trump’s Truth Social social media platform, has been on an absolutely wild and unpredictable ride since it debuted on the stock market in March.