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DJT
Forbes
56 days

Trump Media Stock (DJT) - Downtrend At Critical Level

1. DJT stock has returned to its January 2024 low of $17.50. 2. Current downtrend differs from past selloffs due to negative factors. 3. Revenue growth remains stagnant under $4M, with high operating expenses. 4. Management increased shares outstanding by 10% to raise cash. 5. Market uncertainty continues to risk a broader selloff impacting DJT.

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FAQ

Why Bearish?

The current stock downturn is driven by negative developments, unlike previous, temporary declines. This reflects long-standing issues in business growth and valuation sustainability, which could resonate with historical declines in other 'meme' stocks that faced negative market conditions.

How important is it?

The article highlights significant challenges facing DJT, from stagnant revenue growth to increased share count, all contributing to a bearish outlook. This analysis could heavily influence investor sentiment surrounding DJT and similar stocks.

Why Long Term?

The issues causing the decline, such as lack of growth and rising costs, could persist over time. Comparably, stocks like GameStop and AMC experienced prolonged periods of decline due to similar fundamental shortcomings.

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