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DJT
CNBC
162 days

Trump Media falls more than 11% as broader sell-off intensifies

1. Trump Media's stock dropped over 10% in intraday trading Monday. 2. Shares are now trading below $20, down 50% since Trump's inauguration. 3. The company reported a $400 million loss for 2024 against $3.6 million revenue. 4. DJT stock is on a seven-week downward streak amidst broader market volatility. 5. Trump transferred all his shares to a revocable trust after the election.

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FAQ

Why Very Bearish?

The 10% drop in stock and substantial annual losses indicate a severe downturn. Historical patterns suggest similar sell-offs lead to continued decline in stock performance.

How important is it?

The significant losses reported by Trump Media and stock depreciation will affect investor sentiment and market confidence.

Why Short Term?

Immediate reactions to poor earnings and stock performance are likely to impact DJT quickly. Rapid market corrections can lead to persistent selling pressure.

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