Donald Trump's Truth Social Stake Hit $4 Billion. Everyday Investors Who Chased the 'DJT' Meme Stock Have Watched Billions Evaporate
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Donald Trump's Truth Social Stake Hit $4 Billion. Everyday Investors Who Chased the 'DJT' Meme Stock Have Watched Billions Evaporate
"The stock closed at $9.39 on May 1, 2026, down 75.89% from the $38.94 it traded at on March 1, 2024. Over the past year, DJT has shed 62.03%, and it is down 29.08% year to date."
"Full-year 2025 revenue was $3.68 million, on which the company posted a net loss of $711.2 million. 2024 was similar: a $401 million net loss on $3.6 million in revenue."
"CEO Devin Nunes framed the pivot in February: 'Since going public in March 2024, our financial assets have grown from roughly $200 million to approximately $2.5 billion at the end of 2025.'"
Trump Media & Technology Group's stock has fallen significantly since its public debut, closing at $9.39 on May 1, 2026, down 75.89% from its peak. Insider ownership is high, with insiders benefiting more than retail investors who faced substantial losses. The company's financial performance has been poor, with significant net losses and minimal revenue. CEO Devin Nunes highlighted growth in financial assets, but the underlying business remains weak, generating low revenue and negative gross profit in recent quarters.
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